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Attention builders/developers! Substantial price reduction for a 7,069 SF of land at 9920 S Central Ave. The 3,316 SF building once a Mortuary closed for several years would be a perfect Tear-Down to build low-income housing! The property is in an Enterprise Zone, TOC Tier 2 with a current zoning of C1-VL. Could possibly build a 3-4-story low-income apartment building (must check with the city). The seller has obtained a Phase 1 Report on the property and the Phase 1 Engineer recommends doing a Phase 2 inspection (at the buyer's cost). Any interested parties would have to do their own investigations with the City of Los Angeles. The sellers make no guarantees or warranties, and the property is sold As-Is. WARNING: No one is allowed to enter the building without signing a Waiver of Liability and Release Document and satisfy any other documentation request as a requirement to enter the building. Please contact the co- listing broker, Robert Leighton, for any further information. DO NOT ATTEMPT TO GO ON THE PROPERTY WITHOUT PERMISSION AND PROPER SUPERVISION. There is an additional parcel available for sale across from the 9920 S. Central property at 10002 S Central Ave that is also for sale. Call for details.
Property Type(s):
Commercial
| Last Updated | 11/25/2024 | Year Built | 1947 |
|---|---|---|---|
| Community | Metropolitan South | County | Los Angeles |
Price History
| Prior to Jul 19, '24 | $979,000 |
|---|---|
| Jul 19, '24 - Nov 25, '24 | $850,000 |
| Nov 25, '24 - Today | $699,000 |
Additional Details
| AREA | Metropolitan South |
|---|---|
| CONSTRUCTION | Frame |
| HEAT | None |
| HOA DUES | 0 |
| LOT | 7062 sq ft |
| LOT DESCRIPTION | Corner Lot, Near Public Transit |
| STORIES | 2 |
| ZONING | LAC1 |
Location
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Listed with Rodeo Realty
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