This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3217 S Central Ave
Los Angeles, CA 90011
3217 S. Central Ave - Vacant Commercial Land · Land For Sale
·
0.21 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.21 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Retail | ||
| Zoning | C2-1VL-CPIO | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.21 AC |
| No. Stories | 1 |
| Zoning | C2-1VL-CPIO |
DESCRIPTION
This COMMERCIAL zoned vacant land containing approximately 9,000 SF on Central Avenue, a historic major thoroughfare in South Los Angeles, presents an exceptional development or investment opportunity in a dynamic area undergoing a renaissance and explosion of development activity. In the past few years, South Los Angeles has experienced a surge in development and investment highlighted by massive multi-family developments with many major developments underway within a 2 mile radius of the property including The Reef, a massive housing, hotel and retail complex with 2 high rise towers and 1,444 planned condo units. The adjacent corner parcel is being redeveloped into a new single tenant retail building and a new 74-unit mixed-use project is under construction a few blocks to the south. The property is in a Business Improvement District, Transit Priority Area (Tier 1) and Los Angeles State Enterprise Zone, has easy alley access and is close to USC, Downtown L.A, and major freeways.
PROPERTY TAXES
| Parcel Number | 5114-019-013 | Improvements Assessment | $0 |
| Land Assessment | $980,999 | Total Assessment | $980,999 |
PROPERTY TAXES
