Views - New Construction
Address
5400 S Western Avenue Los Angeles, CA
Price
$ 1,900,000
Property Attributes
  • MLS#21103603
  • TypeLand
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90062
  • Style
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12,026 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

5400-5408 S Western Ave Is A Retail Value Add Or Redevelopment Opportunity In A South Los Angeles On The Corner Of S Western Ave And W 54th St Across From Western Ave Elementary.Two tenants are currently on month-to-month leases allowing an investor to occupy a portion or all of the building or a developer to collect income while undergoing the entitlement process. One unit is currently vacant. +/- 12,025 SF development lot zoned C2-1VL-CPIO in a Tier 2 TOC Opportunity to build up to 49 units utilizing the TOC benefitsDevelopment site offered at a PPSF of $158 The Hyde Park neighborhood features a half-dozen new construction development * projects underway as of 2020

Price History
11/9/2021 Listed $1,900,000

General Features

Listing Agent Neema Ahadian - BRE#01346750
Listing Agent State License 01346750
Lot Size Square Feet 12026
MLS Area C34 - Los Angeles Southwest
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
View City Lights
Zoning LAC2

Exterior Features

Lot Size Acres 0.28
Lot Size Area 12026
Lot Size Units Square Feet
View Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90062

Price
AVG $720K
$1.9M
Walkscore
AVG 79
76
Data Provided by Walkscore ® not using MLS data

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