9920 S Central Avenue

Los Angeles, CA 90002

PRICE REDUCED

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-$451,000 (-39.22%)

$699,000

List Price

N/A

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1947

calendar_month Built

Property Description

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.

Listing Information

List Price $699,000
Status Active
MLS 24377041
HOA $0
Type Commercial
Year Built 1947
Lot Size 7,062
Structure Size N/A
DOM 230
Courtesy Of Rodeo Realty
Listing Agent Robert Leighton DRE#00924322
Co-Listing Agent Rhonda Payne DRE#00959668

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Robert Leighton, Rhonda Payne, Rodeo Realty 310-433-0054. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 25th, 2024 at 11:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.