New ListingREO commercial property offering an opportunity for an investor, developer, or owner-user seeking a renovation or repositioning project. The property features an existing commercial building with a street-facing storefront, additional improvements include new AC Unit, electrical panel, ample parking, and a sizable fenced, outdoor area. Situated on a corner lot along S. Western Avenue, the property offers strong visibility and convenient access. Property offers potential for a variety of commercial uses, subject to zoning, permits, and City approvals. Located in an established Los Angeles commercial corridor, the property offers an opportunity to restore and reposition an underutilized commercial site with prominent corner exposure and on-site parking. Property is being sold in its existing AS-IS condition. Buyer to independently verify zoning, permitted uses, building and lot square footage, parking, property condition, utilities, and all other information relevant to the purchase.
| MLS # | GD26225230 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 1 |
| Listing Provided By | Green World Realty | Vahe Avakian |
| SQ Feet | 1,224 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.15 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Lot Features | Zero To One Unit Acre, Corner Lot |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90047) | |
Price: $580,000 low | high Med: $862,500 sqft: 1,224 low | high Med: 2,412 $ / sqft: $474 low | high Med: $371 On site: 1 low | high Med: 115.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90047) | |
Price: $580,000 low | high Med: $862,500 sqft: 1,224 low | high Med: 2,412 $ / sqft: $474 low | high Med: $371 On site: 1 low | high Med: 115.5 | |