For Lease
$7.80/SF/YR

8810 Central Ave Los Angeles, CA 90002

12,014 sq ft lot, 3,000 sq ft building

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 12,014 square foot commercial/industrial land parcel, located at 8810 S Central Ave, Los Angeles, CA 90002, presents a unique investment opportunity. The property features a 3,000 square foot building in a cold shell condition, offering flexibility for various uses. Zoned C2-1VL-CPIO, this corner lot at the intersection of S. Central Avenue and E. 88th Street boasts high visibility and is ideally situated in a thriving retail corridor, near national brands and local businesses. The site is comprised of three APNs: 6043-004-014, 6043-004-015, and 6043-004-016, in Los Angeles County. A clean Phase II environmental report is available. The property is priced at $1,050,000, representing a compelling value of $87.40 per square foot. Development potential includes up to 47 residential units utilizing the TOC menu and a 50% density bonus, or various commercial ventures given the flexible C2 zoning. The site is also eligible for ED1 as a 100% affordable project, streamlining the entitlement and permitting process. This prime location offers significant potential for a savvy investor or developer seeking a high-return investment in a dynamic South Los Angeles market. The seller is motivated and will consider all reasonable offers.

Highlights

  • Monthly Lease Rate: $7,800.
  • Asking Price: $1,050,000.
  • Lot Size: Approximately 12,014 square feet.
  • Land Price: $87.40 per square foot.
  • Price Per Unit: $22,340.
  • Zoning: C2-1VL-CPIO.

Property Details for 8810 Central Ave

Property type
Land, Industrial properties
RSF (Rentable sq. ft)
3,000 SF

Unit(s) available at that property

Space
Size
12,014 SF
Rate per SF
$7.80

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9570935
Longitude
-118.2561669

FAQs

What type of property is this?
Land - 12,014 sq ft lot, 3,000 sq ft building
Where is the land located?
The property is located at 8810 Central Ave Los Angeles, CA.
What is the lease rate?
The lease rate is $7.80/SF/YR.
What are key features of this property?
This property features: Monthly Lease Rate: $7,800.; Asking Price: $1,050,000.; Lot Size: Approximately 12,014 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8810 Central Ave
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