3720 S Western Ave | Los Angeles, CA 90018
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- LoopNet Team
3720 S Western Ave
Los Angeles, CA 90018
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Neema Group is pleased to present an affordable housing development opportunity at 3720 S Western Ave
- The finished project totals 89,655 SF and has a desirable unit mix of 32 singles and 169 one-bedrooms
- The project is located one mile west of the University of Southern California
- The 17,965 SF lot will be delivered fully entitled for 200 income-restricted housing units and 1 manager unit with no parking required
- The lot is offered at a low $32,338 per buildable unit
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,380 SF
Building Class
C
Year Built
1960
Building Height
1 Story
Building FAR
0.41
Lot Size
0.41 AC
Zoning
LAC2
Parking
3 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 5041-025-029 | Improvements Assessment | $214,200 |
| Land Assessment | $1,836,000 | Total Assessment | $2,050,200 |
PROPERTY TAXES
Parcel Number
5041-025-029
Land Assessment
$1,836,000
Improvements Assessment
$214,200
Total Assessment
$2,050,200
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