6524 S Central Avenue, Los Angeles, CA 90001

  • $888,888
6524 S Central Avenue, Los Angeles, CA 90001
Active
6524 S Central Avenue, Los Angeles, CA 90001
6524 S Central Avenue, Los Angeles, CA 90001
  • $888,888

Overview

Property ID: SR23150340
  • Mixed Use, Commercial Sale
  • Property Type
  • 4000
  • Sqft
  • 1936
  • Year Built

Description

***DO NOT GO DIRECT, DO NOT DISTURB TENANTS***

Welcome to 6524 S Central, a value add deal in the up and coming community of Florence – Firestone. This property has a total of 11 existing units (9 upstairs and 2 downstairs). According to Planning department this small lot has very high density and can go up to 14 units. There are multiple metered utilities which will allow the owner to separately charge for those services. Florence – Firestone is a TOD Transit Oriented District Specific Plan that was adopted on 09.03.2019. There may also be funds available through the Los Angeles County Development Authority (LACDA) by way of Notice of Funding Availability (NOFA) to fund substantial rehabilitation of affordable housing in exchange for favorable loan terms through this program. There will be much development here over the next few years which may bring values significantly higher. Buyer and/or buyer’s agent to do all inspections and verify all information regarding listing. Private financing available. No information is guaranteed or warranty by listing agent or seller.

  • Address 6524 S Central Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90001
  • Country US

Details

Updated on September 30, 2024 at 6:48 pm
  • Property ID: SR23150340
  • Price: $888,888
  • Property Size: 4000 Sqft
  • Land Area: 0.0928 Acres
  • Garage Size: x x
  • Year Built: 1936
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,Fannie Mae,Freddie Mac,Government Loan,Private Financing Available
  • County: Los Angeles
  • Property Type: Commercial Sale

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