8810 Central AveLos Angeles, CA 90002

Property Details for 8810 Central Ave

Year built

1927

Construction

WOOD

Lot size

0.09 AC

Property size (Sq ft)

2,964 SF

Zone code

LAC2

Property type

Manufacturing properties

APN

6043-004-016

APU

6043004016

Description

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.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9571

Longitude

-118.256

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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