6556 S Western Avenue

Los Angeles, CA 90047
$950,000
Courtesy of Maher Commercial Realty

Description

This property consists of a 1,925 sq.ft. building with 200 sq.ft. of office space on a 8,216 sq.ft. lot. Two grade level doors (20' x 10') and a gated and secure parking lot are also in place. Auto repair tenant pays $4,000 on a month-to-month lease, giving the new owner the ability to be an owner-user or landlord with stable income. Busy auto shop has steady demand for its recession-proof services. At only $115 per square foot of land, the property is priced to sell. Ask the listing agent about a state grant in place for site remediation. This site offers a savvy investor or developer a wide variety of options plus the ability to have an income-generating property during entitlement and development process. The city of Los Angeles has declared a state of emergency around homelessness and has pledged a streamlined entitlement and permitting timeline for 100% affordable projects. No parking is required for 100% affordable projects. Please do not disturb tenants.

  • Property Details
      • Lot description:ValueInLand
      • Acres:0.1886
      • Property type:Purchase
      • County:Los Angeles
      • Original List Price:$950, 000
      • MLS #:24428661
      • Cost:950000
      • Property subtype:Land
      • MLS #:24428661

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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