Live and work in the same location no need to go elsewhere. Perfect for those who own a business and are paying rent for their business establishment this is the perfect opportunity. Nestled in the neighborhood of South Los Angeles, this single-family residence offers a unique investment opportunity as it sits on a 6,306 sq ft lot zoned for commercial use. This zoning opens up versatile options, allowing for potential redevelopment, business use, or expansion to match the dynamic needs of the area. This property enjoys proximity to several significant landmarks and points of interest. Just a short drive away is Downtown Los Angeles, where you'll find iconic destinations like LA Live, Crypto Arena, and the Los Angeles Convention Center. The property is also conveniently close to major highways, including I-110 and I-10, which facilitate easy commuting and access to greater Los Angeles. With its prime location, ample lot size, and flexible zoning, this property holds great potential for both residential, redevelopment, and commercial opportunities in the heart of Los Angeles.
MLS# | MB24245150 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1924 |
Days On Site | 71 |
Listing Provided By | CENTURY 21 REALTY MASTERS 323-722-7700 | EDWIN BLANCO |
SQ Feet | 940 |
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Story(s) | 1 |
Units | 1 |
Acreage | 0.14 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90003 |
Area | C34 Los Angeles Southwest |
Listing VS Median (in 90003) | |
Price: $1,250,000 low | high Med: $692,500 SqFt: 940 low | high Med: 1,025 $ / SqFt: $1,330 low | high Med: $681 On Site: 71 low | high Med: 47.500000 |