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Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an +/-15,222 square foot lot zoned C2-1VL-CPIO. Creative uses include a banquet hall, medical/dental offices and school/daycare*. The property consists of a parking lot and +4,028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Central Los Angeles. 25 striped parking spaces with entry and exit from Avalon Blvd and 118th Place. A developer can build up to 154 units on the site. This is a very good value at $9,058 per buildable door. The property consists of a +/- 4,028 square foot church on a large 15,222 square foot corner parcel with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Creative uses include*: Event Space: Ideal for a banquet hall, church, or a venue for large group gatherings, this property features a commercial kitchen, open areas with soaring ceilings, and more. Dental/Medical: This property offers ample parking with 25 striped spaces and zoning for Neighborhood Commercial use. With a number of upcoming developments in the vicinity, there is an anticipated rise in demand for local services. School/Daycare: Tailored for educational and childcare purposes, this property caters to schools, after-school programs, daycares, and adult daycare facilities. The former church structure includes meeting rooms, classrooms, a dining area, and a fully-equipped commercial kitchen. Enhanced security features such as fenced parking and gated access ensure safety, while the outdoor area provides a secure space for various activities including outdoor education and physical recreation. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to Animo Watts Charter High School and Animo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. *Buyer to verify all allowable uses on site. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
Last Updated | 8/6/2024 | Community | Metropolitan South |
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County | Los Angeles |
Price History
Prior to Feb 9, '24 | $1,999,000 |
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Feb 9, '24 - Feb 27, '24 | $1,795,000 |
Feb 27, '24 - Apr 9, '24 | $1,675,000 |
Apr 9, '24 - May 2, '24 | $1,595,000 |
May 2, '24 - May 20, '24 | $1,495,000 |
May 20, '24 - May 28, '24 | $1,448,000 |
May 28, '24 - Today | $1,395,000 |
Additional Details
AREA | Metropolitan South |
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LOT | 0.35 acre(s) |
VIEW DESCRIPTION | None |
ZONING | C2-1VL-CPIO C2-1VL-CPIO C |
Location
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