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$1,095,000
Est. payment /mo
0.39 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26229029
HOA Y/N No
Year Built 1951
Lot Size 0.393 Acres
Property Sub-Type Business
Property Description
CORNER LOT - Excellent opportunity to acquire two adjacent commercial parcels located at 7301 and 7313 Central Avenue, Los Angeles, CA 90001. The properties are zoned LAC2 (Commercial) and feature a former gas station site currently utilized for auto repair shop about 3122 SQFT Lot size 9108 SQFT at 7301 Central Avenue, and a restaurant about 708 SQFT Lot size 8001 SQFT at 7313 Central Avenue. Combined both properties building about 3830 SQFT and combined both properties lot size about 17100 SQFT.
With two adjoining parcels in an established commercial corridor, this property presents a variety of possibilities for an owner-user, investor, or developer seeking to capitalize on the location and potential future uses. An excellent opportunity to explore redevelopment, repositioning, or continued commercial operations, subject to zoning, permits, and applicable governmental approvals.
Buyer to conduct all necessary inspections, investigations, and due diligence, including verification of zoning, permitted uses, property condition, and all environmental conditions, particularly those related to the former gas station use.
Seller is motivated and open to all offers.
With two adjoining parcels in an established commercial corridor, this property presents a variety of possibilities for an owner-user, investor, or developer seeking to capitalize on the location and potential future uses. An excellent opportunity to explore redevelopment, repositioning, or continued commercial operations, subject to zoning, permits, and applicable governmental approvals.
Buyer to conduct all necessary inspections, investigations, and due diligence, including verification of zoning, permitted uses, property condition, and all environmental conditions, particularly those related to the former gas station use.
Seller is motivated and open to all offers.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAC2
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Water Available
Present Use Commercial
Total Parking Spaces 10
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6023005029
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Hormoz Shahbaz Keller Williams VIP Properties 818-383-4255, DRE #01274303
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