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 Details
Price:
$850,000
MLS #:
24377041
Status:
Active
Baths:
0
Address:
9920 S Central Avenue
Type:
Commercial
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Apr 8, 2024
State:
CA
ZIP:
90002
Year Built:
1947
Schools
Interior
Heating
None
Exterior
Parking Spots
0.00
Stories Total
2
Financial
Map
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Courtesy of Rodeo Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
9920 S Central Avenue
Los Angeles, CA
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