10616 Avalon Blvd - Loft/Creative Space FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$755,000 USD
818-605-2626
10616 Avalon Blvd, Los Angeles, CA for Sale
$755,000 USD
Loft/Creative Space - FOR SALE
1/48
null | Request Cap Rate

10616 Avalon Blvd
Los Angeles, CA 90003
Canndu/Avalon Gardens


HIGHLIGHTS

  • Lot is 9,013 Square Feet
  • Building is 2,395 Square Feet
  • 2,400 SF Creative/Institutional Space in South LA.
  • The Perfect Headquarters: 2,395 SF Building + Massive 6,600 SF Gated Yard.
  • Turn-Key Office or Religious Facility."
  • Located close to Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles.

OVERVIEW

For Sale a 2,395 Square Foot Building, with 6,600 square feet of open parking area. Ready for immediate occupancy for your new vision and business. The 2,395 square foot building consists of a large open area with a kitchen, restrooms, sitting areas and office on a 9,011-square-foot lot with C2 and {Q}R4 zoning, it offers a rare turn-key opportunity for small businesses or non-profits that need space right now rather than years of construction. This Private Gated Infrastructure can be used for Private Parking or Fleet Storage. With a 9,000+ Square Foot lot and only a 2,400 SF building, there is roughly 6,600 square feet of yard space that can be used for businesses with a fleet of vans, service vehicles like plumbing, HVAC, outdoor storage, secure landscaping or organizations that need secure outdoor assembly areas like playground for daycare. Can be used as a Creative/Loft Space with1920s character for Professional Services. The C2 zoning allows for medical, legal, or insurance offices. The current use is a religious facility. Moving a congregation into an existing church is much easier than navigating the city’s entitlement process for a new one. This is a great property for an owner to move in and renovate over time, avoiding the high interest rates and carrying costs of a multi-year development cycle. Located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles. If you can see yourself investing and you feel now is the time Call/Write Now! PROPERTY MUST GO THROUGH PROBATE.

FOR SALE DETAILS

PRICE

$755,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,395 SF

ZONING

LAR4

APN/PARCEL ID

6051-029-032

ASK ABOUT THIS PROPERTY

Baron CastilloApartment Building InvestmentsMore Info
818-605-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Baron CastilloApartment Building InvestmentsMore Info
818-605-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.