This Multifamily Property is no longer advertised on LoopNet.com.

8942 S Western Ave
Los Angeles, CA 90047
8950 Western · Multifamily Property For Sale · 71 Units

Investment Highlights

  • One of a kind opportunity to acquire a fully RTI project in South Los Angeles
  • Five story project with ground level parking – NO subterranean parking
  • Alternatively existing improvements can be occupied by owner user or investor
  • Property is fully approved and will be delivered with all entitlements for 71 apartments
  • Prime corner location in south LA, adjacent to rapidly gentrifying Inglewood submarket

Property Facts

No. Units 71
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.21 AC
Construction Status Proposed
Building Size 71,000 SF
No. Stories 5
Year Built 2027
Parking Ratio 0.51/1,000 SF
Zoning LAC2 - Commercial

Amenities

Unit Amenities

  • Microwave
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Views

Site Amenities

  • Bicycle Storage
  • Car Charging Station
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 44 - -
1+1 27 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6037-026-040
  • 6037-026-039
  • 6037-026-038
Land Assessment
$1,533,080
Improvements Assessment
$325,756
Total Assessment
$1,858,836
  • Listing ID: 33220638

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 8942 S Western Ave, Los Angeles, CA 90047

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