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9002 S Central Ave
Los Angeles, CA 90002
Corner Development Site · Land For Sale · 0.18 AC

Investment Highlights

  • Corner Development Site
  • TOC: Tier 2
  • 5 Miles South of Downtown Los Angeles
  • Ideal For Affordable Housing or Mixed-Use Applications
  • Current Tenant Pays $4,000 Per Month Until January 2024

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Community Center
  • Contractor Storage Yard
  • General Freestanding
  • Planned Unit Development
  • Storefront, Retail or Office
Total Lot Size 0.18 AC
No. Stories 1
Zoning LA C2-1VL-CPIO

Description

Development purchase opportunity ideal for developer or investor. 2 adjacent parcels. Affordable housing or mixed-use development potential. TOC: Tier 2. An affordable housing project is currently being developed at the opposite corner from the subject. Current $4,000 monthly income from one tenant until January 2024. Located at the southeast corner of Central Ave and 90th St. Secure gated lot. Heavy vehicle traffic. Excellent exposure, visibility and signage. 5 miles south of Downtown Los Angeles. 1-1/4 miles east of the Harbor (110) Freeway and 1-3/4 miles north of the Century (105) Freeway.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 6043-007-033
  • 6043-007-018
Land Assessment
$612,000
Improvements Assessment
$561,000
Total Assessment
$1,173,000
  • Listing ID: 28616722

  • Date on Market: 5/31/2023

  • Last Updated:

  • Address: 9002 S Central Ave, Los Angeles, CA 90002

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