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Executive Summary
We are pleased to present a business / residential development opportunity located in the heart of South- Central Los Angeles.
This property site consists of one corner parcel which is suitable for two opportunities. The parcel can be used as a restaurant or a residential housing development.
This parcel is 11,573 Sq. Ft. lot, which is zoned for commercial or residential There is a existing restaurant on the parcel which is approximately 1,500 Sq. Ft. two stories building that is being leased.
This property site consists of one corner parcel which is suitable for two opportunities. The parcel can be used as a restaurant or a residential housing development.
This parcel is 11,573 Sq. Ft. lot, which is zoned for commercial or residential There is a existing restaurant on the parcel which is approximately 1,500 Sq. Ft. two stories building that is being leased.
Property Facts
Sale Type
Investment
Property Type
Building Size
1,575 SF
Building Class
C
Year Built
1963
Price
$2,199,000
Price Per SF
$1,396.19
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.27 AC
Zoning
LAC 2 - High-density, mixed-use development
While permitting dense residential housing
Frontage
130’ on Western Avenue
Amenities
- Corner Lot
- Restaurant
Walk Score®
Very Walkable (82)
Nearby Major Retailers
1 of 7
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8300 S Western Ave
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