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10727 Central Avenue

Los Angeles, CA 90059

$995,000 Sale Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
9,454 Sq. Ft.
$105 / Sq. Ft.
Sold

10727 Central Avenue

Los Angeles, CA 90059

Sold
$995,000 Sale Price
$0/mo
0
Bed
0
Bath
9,454
Sq. Ft.
We are pleased to present this unique opportunity to purchase an +/- 9,454 square foot parcel zoned C2-2D-CPIO which is currently under utilized with a 1,365 square foot fast food structure on the property. The building is located at the signalized corner of S. Central Avenue and E. 108th Street in South Central Los Angeles. Using the TOC menu, a developer can build a +/- 39-unit development site. As a 100% affordable project, a buyer can build at least 65 units, or more if they chose to utilize the full height restriction of 108 feet. This is a very good value at only $15,500 per buildable door as a 100% affordable site and $25,000 per door as a TOC mostly market-rate site. This is a prime corner lot located across the street from the LA County Social Services building and the Maxine Waters Employment Preparation Center, offering future tenants immediate access to social services. This property is also a nicely built-out restaurant building with newer equipment and a drive-thru window. The property is available for lease at $3.75 NNN and can make a good investment property or owner-user property for a restaurant operator.
PROPERTY INFORMATION
MLS # 23293023 Lot Size 9,454 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 995,000
Price Per SqFt: $ 105
DOM 650 Days
Address 10727 Central Avenue Type Land
City Los Angeles Sq.Ft. 9,454 Sq. Ft.
Postal Code 90059 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Closed
Sold Date 2023-10-11
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,061
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/24/2023 Listed $995,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Oron Maher, Maher Commercial Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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