8016 S Western Ave - Apartments FOR SALE


Los Angeles, CA 90047- South Central LA
$399,000 USD
949-706-6119
8016 S Western Ave, Los Angeles, CA for Sale
$399,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

8016 S Western Ave
Los Angeles, CA 90047
South Central LA


HIGHLIGHTS

  • C2-1VL-CPIO zoning on established South LA commercial corridor
  • RTI-approved plans for 20-unit multifamily redevelopment
  • Major value-add upside

OVERVIEW

FRE Auctions and eXp Realty of Greater Los Angeles are proud to present the online Auction Plus® event (allows for contingencies) for an Entitled South Los Angeles Infill Opportunity. This triplex sits on a C2-zoned parcel along the Western Avenue commercial corridor in South Los Angeles — one of the city's most actively targeted infill corridors under the South LA Community Plan Implementation Overlay District (CPIO).

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

3

PRICE/UNIT

$133,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Min Bid $399k - Value Add Triplex - South LA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

C2-1VL-CPIO

APN/PARCEL ID

6034-008-004

ASK ABOUT THIS PROPERTY

Valeria VazquezLFC Communications, Inc., Dba FREMore Info
949-706-6119

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

Valeria VazquezLFC Communications, Inc., Dba FREMore Info
949-706-6119

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