7210 S Western Avenue, Los Angeles, CA 90047

About this commercial property

Daughrity Real Estate and Management Solutions is pleased to present an excellent opportunity to own the investment property with a tenant in place. This C2 Zoned site is prime for redevelopment. The maximum Height for the potential development is 67 ft. (+22 ft. from TOC incentives), equivalent to 5 stories (+2 stories from TOC incentives) which yields a maximum of 29 units that can be built on this site. Currently, the laundromat is 3,920 square feet sitting on 13,225 square feet. The site is located in a dynamic, Historic South-Central Los Angeles. This store is located in a densely populated area with many renters, ideal for a laundry operation. This building has excellent visibility near the prominent corner of very busy Florence & Western Avenue. There are major shopping centers within blocks of this building, and it is nestled blocks from SoFi Stadium in Inglewood, CA.

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$750,000

Sold March 2023 · listed $1,050,000, on market January 2023 · MLS #23233045 · Source: CRMLS

Listing Agent: James Daughrity · Listing Office: Daughrity Real Estate · Contact: 310-596-6730 · Bought with: James Daughrity · Daughrity Real Estate

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