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$ 9,000,000
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Pending
2420 S Western Avenue Los Angeles, CA 90018
32,705 SqFt
UPDATED:
11/12/2024 11:11 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 32,705 sqft
Price per Sqft $275
MLS Listing ID CRP1-19129
HOA Y/N No
Year Built 1990
Property Description
Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.
Location
State CA
County Other
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5058015009
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Brian Parsons • Keller Williams Realty