$1,395,000 Price Analysis   ♡   Los Angeles, CA 90061 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.35 acre lot. Listed 2024-01-23, Taxes $381 | Ⓧ USDA Ineligible due to property near Los Angeles |
Owner Motivated.
* Has Contingent Offer *Make an Offer. We are pleased to present this unique opportunity to purchase an +/-15, 222 square foot lot zoned C2-1VL-CPIO. Creative uses include a banquet hall, medical/dental offices and school/daycare . The property consists of a parking lot and +4, 028 Sq.Ft. commercial building formerly used as a church and is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Central Los Angeles. 25 striped parking spaces with entry and exit from Avalon Blvd and 118th Place. A developer can build up to 154 units on the site. This is a good value at $9, 058 per buildable door. The property consists of a +/- 4, 028 square foot church on a large 15, 222 square foot corner parcel with easy visibility and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site.
Creative uses include : Event Space: Ideal for a banquet hall, church or a venue for large group gatherings, this property features a commercial kitchen, open areas with soaring ceilings and more. Dental/Medical: This property offers ample parking with 25 striped spaces and zoning for Neighborhood Commercial use. With a number of upcoming developments in the vicinity, there is an anticipated rise in demand for local services. School/Daycare: Tailored for educational and childcare purposes, this property caters to schools, after-school programs, daycares and adult daycare facilities. The former church structure includes meeting rooms, classrooms, a dining ara and a fully-equipped commercial kitchen. Enhanced security features such as fenced parking and gated access ensure safety, while the outdoor area provides a secure space for various activities including outdoor education and physical recreation. Great location three blocks north of attractive Earvin Magic Johnson Park and Social Security Administration office and close to Animo Watts Charter High School and Animo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. Buyer to verify all allowable uses on site. The site includ es two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
Presented by Oron Maher at
Maher Commercial Realty.
Property MLS #24-350953 from TheMLSCLAW
Lot Size Acres: 0.349449
Lot Size Square Feet: 15222
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Cross Street: Avalon Blvd and E. 118th Place
Directions: South on Avalon Blvd. Property is at the northeast corner of Avalon Bvld and E. 118th Place.
Source Property Type: Land
Area: Metropolitan South
Source Neighborhood: Metropolitan South
Parcel Number: 6084-005-035
Zoning: C2-1VL-CPIO C2-1VL-CPIO C
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $6,812 + $144,658 $151,470 | $381 |
| 2021 | $6,679 + $141,822 $148,501 | $381 |
| 2020 | $6,611 + $140,368 $146,979 | $379 |
| 2019 | $6,482 + $137,616 $144,098 | $379 |
| 2018 | $6,355 + $134,918 $141,273 | $387 |
| 2017 | $6,231 + $132,273 $138,504 | $383 |
| 2016 | $6,109 + $129,680 $135,789 | $383 |
| 2015 | $6,018 + $127,733 $133,751 | $383 |
| 2014 | $5,901 + $125,231 $131,132 | $396 |
| 2013 | $5,875 + $124,666 $130,541 | $396 |
| 2012 | $5,760 + $122,222 $127,982 | $396 |
| 2010 | $5,648 + $119,826 $125,474 | $395 |
| 2009 | $5,620 + $119,214 $124,834 | $395 |
| 2009 | $5,606 + $118,931 $124,537 | $395 |
| 2008 | $5,510 + $116,877 $122,387 | $395 |
| 2007 | $5,402 + $114,586 $119,988 | $394 |
$1,395,000
TheMLSCLAW
Price Changed 2024-05-20
$1,448,000
TheMLSCLAW
Price Changed 2024-05-02
$1,495,000
TheMLSCLAW
Price Changed 2024-04-09
$1,595,000
TheMLSCLAW
Price Changed 2024-02-27
$1,675,000
TheMLSCLAW
Price Changed 2024-02-09
$1,795,000
TheMLSCLAW
Listed 2024-01-23
$1,999,000
TheMLSCLAW
Sold 2024-01-16
$855,000
Public Record
Sold 2002-12-17
$450,000
Public Record
Sold 1988-10-07
$110,000
Public Record
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.