7051 3rd Ave | Los Angeles, CA 90043
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- LoopNet Team
7051 3rd Ave
Los Angeles, CA 90043
Potential Redevelopment - Near Inglewood! · Retail Property For Sale
Investment Highlights
- Located Minutes away from Inglewood's New So-Fi Stadium
- In Current Condition: Ideal for Owner-User as Live/Work PLUS Rental Income Property
- Bldg #1: 1.5 story Commercial Building (2,272 sqft) has a commercial kitchen with upstairs Artist Loft (616 sqft) =3,232 sqft
- Potential Redevelopment Opportunity. Neighboring properties on Florence are Multifamily and on 3rd Avenue are Single Family Residence
- Property Delivered 100% Vacant
- Bldg. #2: 2-story Triplex (1,920 sqft), 3+1 bed/bath on second floor & two 1+1 bed/bath on first floor. All units sub-metered for gas & electricity
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,808 SF
Building Class
C
Year Built/Renovated
1951/2024
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.19 AC
Zoning
LAC2-1VL-CPIO - LAC2-1VL-CPIO (Mixed-Use Limited Commercial: ZI-1231 Specific Plan South LA Alcohol Sale, ZI-2488 Redevelopment Project Area,ZI-2468 Community Plan
Parking
6 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
115’ on 3rd
Property Taxes
| Parcel Number | 4008-022-004 | Improvements Assessment | $238,134 |
| Land Assessment | $974,188 | Total Assessment | $1,212,322 |
Property Taxes
Parcel Number
4008-022-004
Land Assessment
$974,188
Improvements Assessment
$238,134
Total Assessment
$1,212,322
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