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3550 S Western Ave
Los Angeles, CA 90018 South Central LA

$5,950,000 USD

General Retail For Sale  •  9,887 SF

Property Details

  • Property Type General Retail
  • Total Building Size 9,887 SF
  • Lot Size 0.94 AC
  • Building Class B
  • Year Built 1998
  • Tenancy Multiple
  • Zoning C2-2D-O-CPIO
60 Transit Score
80 Walk Score

Highlights

UNENTITLED REDEVELOPMENT OPPORTUNITY - Commercial (retail, gym, school, etc.) or Residential (affordable housing, senior/assisted living, etc.)
AS AN AFFORDABLE DEVELOPMENT - $20,169 per DOOR land cost - build 295 units on the primary site
RARE ENTIRE BLOCK - corner parcel can also be delivered for $1.5M, which would complete the block
USC ADJACENT - located only 1 mile directly west of campus and next to a multititude of recent off-campus housing developments
COVERED LAND PLAY - Current income is approx. $19,000 per month gross - All tenants are MTM
PRICE REDUCED - highly motivated seller

Property Flyers

Amenities

  • Bus Line
  • Commuter Rail
  • Metro/Subway

Public Transportation

Commuter RailDriveWalkDistance
11 min - 6.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.4 mi
Transit/SubwayDriveWalkDistance
Expo/Western (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 8 min 0.4 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 10.0 mi
Bob Hope 26 min - 14.6 mi
Long Beach (Daugherty Field) 30 min - 21.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Joe Bolognese 310-422-3891 Saxum West
Joe Bolognese 310-422-3891 Saxum West