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.
| MLS # | SR26229029 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 21 |
| Listing Provided By | Keller Williams VIP Properties | Hormoz Shahbaz |
| SQ Feet | 3,830 |
|---|---|
| Story(s) | 1 |
| Building(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.39 |
| Lot Features | Zero To One Unit Acre |
|---|
| Utilities | Electricity Connected, Water Available |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90001) | |
Price: $1,095,000 low | high Med: $739,000 sqft: 3,830 low | high Med: 1,864 $ / sqft: $286 low | high Med: $396 On site: 21 low | high Med: 67 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90001) | |
Price: $1,095,000 low | high Med: $739,000 sqft: 3,830 low | high Med: 1,864 $ / sqft: $286 low | high Med: $396 On site: 21 low | high Med: 67 | |
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