9606 S Western Avenue, Los Angeles, CA, 90047

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$1,835,000
55 Days On Site

9606 S Western Avenue
Los Angeles, CA 90047

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,332
SqFt
$424
/SqFt
1957
Built
County:
Los Angeles
Listed by Nicole Lu of Maher Commercial Realty nicole@mahercr.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
9606 S Western Avenue9606 S Western Avenue9606 S Western Avenue9606 S Western Avenue
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9600-9616 S. Western Avenue is a rare three-parcel corner assemblage totaling approximately 24,551 square feet (0.56 acres) at the prominent southeast corner of S. Western Avenue and W. 96th Street in the heart of South Los Angeles. The existing improvements total approximately +/-4,332 square feet across three purpose-built structures: a licensed preschool campus (+/-2,400 SF), a church sanctuary (+/-1,932 SF) and a +/-620 SF outdoor covered terrace. A vacant land parcel rounds out the assemblage, offering near-term income from commercial uses such as a recycling center or tow yard. Together, the three components project an estimated $15,264 per month in gross income and approximately $146,434 in annual net operating income, supporting the $1,835,000 asking price at a pro forma cap rate of approximately 7.98%. The site is zoned C2-1VL-CPIO and located within a Transit Oriented Communities (TOC) Tier 2 designation, one of the most favorable development overlays in the City of Los Angeles, enabling 98 residential units by right under TOC and over 100 units under Executive Directive 1 (ED1) with no public hearing required. *Buyer to verify The property includes three APN numbers (6055-022-028, 6055-022-029, 6055-022-030).

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Listing Snapshot
Price 
$1,835,000
Days On Site 
55 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,332 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5636 Acres
Year Built 
1957
MLS Number 
26981433
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
4 weeks agoPrice changed to $1,835,000
2 months agoListing first seen on site
General Features
Acres 
0.5636
Number Of Stories 
1
Special Circumstances 
Standard
SqFt Total 
4332
Zoning 
C2-1VL-CPIO (TOC) Tier 2
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Exterior Features
Lot Features 
Corner Lot
Community Features
MLS Area 
C36 - Metropolitan Southwest


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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