1290 E Imperial Hwy, Los Angeles, CA 90059

About this property

Reduced Again: Motivated Seller Will Meet Market. Development opportunity consisting of 27,820 SF (0.64 ACRES) Zoned C1 and close to the major intersection of Imperial Hwy and Central Ave. There are many uses possible including multifamily development. The property will be delivered vacant with no need for demolition or payment for relocation fees. There The owner has Conceptual Site Plan for a 7,560 sq. ft. Retail Building, which could be great for a laundromat. The property is also located next door to an Auto Zone and would also be good site for single tenant. The property is offered at a great price per sq. ft. of $59.

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

Sale history

$1,650,000

Sold March 2023 · orig. $2,400,000, on market June 2022 · MLS #22174027 · Source: CRMLS

Listing Agent: Jon Emrani · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Jon Emrani · Marcus & Millichap

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