Commercial property · 2 recorded sales since 2018
Listing Agent: Dario Svidler (DRE #01884474) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Dario Svidler · Keller Williams Beverly Hills · MLS #22152847 · Source: CRMLS
We are proud to exclusively present for sale a bite-sized deal for either Retail Usage or Redevelopment in South Los Angeles. Currently there are two tenants that are month-to-month (with $3,300/month in income) so the property can be repositioned right away, which will make it attractive to both an Owner-User or Developer. The C2-1VL-CPIO Tier 3 zoning allows up to 29 residential units with no front setback. The current owner has preliminary plans to build a mixed-use project with 24 residential units (the set is available upon request). The property is located a few blocks South from the Broadway & Florence intersection and has easy access to 110 freeway. This opportunity is about 6 miles south of DTLA, about 3 miles south of Banc of California Stadium & LA Memorial Coliseum, and about 5 miles east of SoFi Stadium.
Listing description from the September 2022 sale, as reported to CRMLS.