Owner Motivated. 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 very 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.
Sold for $1,300,000 on 09/20/24
$1,300,000
11854 Avalon Blvd, Los Angeles, CA 90061
0beds
0baths
8,141.36Square Feet
Unimproved Land
Built in ----
8,141.36 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,605 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 24, 2024 at 04:17am
Listed by:
Oron Maher DRE #01299093 310-358-1833,
Maher Commercial Realty,
Nicole Lu DRE #02045957 310-710-1018,
Maher Commercial Realty
Bought with:
Carlos Skubacz, DRE #01474295
RE/MAX 2000
Source: SDMLS,MLS#: 24-350953
