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11936 S Central Ave - 87 Unit Affordable Housing - Nearing RTI 0.35 Acres of Commercial Land Offered at $1,350,000 in Los Angeles, CA 90059

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INVESTMENT HIGHLIGHTS

Hard Signalized Corner
15,268 sq ft Corner with egress and ingress

2 Blocks away from 105 FWY Exit and Entrance
Ideal for Owner User, Developer or Investor.

EXECUTIVE SUMMARY

11936 S Central Ave, Los Angeles, CA 90059
Prime Corner Lot | LAC2 Zoning | Near-Approved 87-Unit Entitlement | Income-Producing
Property Overview:
An incredible opportunity to acquire a high-visibility corner commercial lot totaling 15,268 SF, located in a thriving and easily accessible area of Los Angeles. Zoned LAC2, the property is nearing approval for an 87-unit multifamily entitlement, offering excellent potential for future mixed-use or residential development.
Currently improved with two income-producing tenants occupying approximately 1,800 SF, the property generates $2,400 per month in rental income. Both tenants are on active leases, providing immediate cash flow for investors—or, if desired, the property can be delivered vacant for full redevelopment or owner-user use.
With approximately 13,468 SF of open land, the site offers outstanding flexibility and upside potential. Developers can collect income while completing the entitlement process, and owner-users can offset holding costs with existing rent revenue.
Entitlement Summary:
The property is nearing completion of entitlements for a proposed 87-unit multifamily project under LAC2 zoning. Preliminary plans and submittals have been initiated, providing a solid foundation for the next buyer to finalize approvals and advance directly to permitting. This advanced entitlement status offers a valuable time and cost advantage in today’s competitive Los Angeles market.

PROPERTY FACTS

Price	$1,350,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Multifamily Apartment Units Apartment Units - Subsidized Auto Dealership Auto Repair Carwash Contractor Storage Yard Convenience Store Fast Food Open Space Parking Lot Religious Facility Restaurant Self Storage Storefront Storefront, Retail or Office Storefront, Retail or Residential
No. Lots	1	Total Lot Size	0.35 AC
Property Type	Land	No. Stories	1
Zoning	C2 - ommercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses

Price	$1,350,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Multifamily Apartment Units Apartment Units - Subsidized Auto Dealership Auto Repair Carwash Contractor Storage Yard Convenience Store Fast Food Open Space Parking Lot Religious Facility Restaurant Self Storage Storefront Storefront, Retail or Office Storefront, Retail or Residential
Total Lot Size	0.35 AC
No. Stories	1
Zoning	C2 - ommercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses

1 LOT AVAILABLE

Lot

Price	$1,350,000	Lot Size	0.35 AC
Price Per AC	$3,846,153.85

Price	$1,350,000
Price Per AC	$3,846,153.85
Lot Size	0.35 AC

Corner Commercial Vacant Lot totaling 15,268 sq ft with LAC2 Zoning.

DESCRIPTION

Corner Commercial Vacant Lot totaling 15,268 sq ft with LAC2 Zoning. 1800 sq ft being leased for $2400, could be delivered vacant or with tenants. Currently 60% complete from Being Entitled for 87 Supportive Housing Units.

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