Listed By:
Wayne Brown with F C E Realty; 714-588-1880
Address
7200 S Western Avenue, Los Angeles, CA
Price
$ 1,025,000
Property Attributes
  • MLS#PW23151600
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90047
  • Style
  • Price$ 1,025,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,514 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

VACANT LOT that can be used for development into apartments under city's TOC Tier 3 development standards. The property is zoned LAC2- City of Los Angeles which allows for both commercial and R4 multi-family development. Build up to 32 units on the 7200 S Western Ave lot and up to 37 units on 1746 W Florence Ave lot (also for sale) for a total of up to 69 units for two projects. Properties are adjacent to each other with an alleyway in between. Properties are sold for their land value only. Priced at only $136.47 s.f. Hard corner lot at the corner of S Western Ave and Florence Ave. Excellent site for multi-family residential, retail, or a mixed use combination of retail and residential.

Price History
8/16/2023 Listed $1,025,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
Community Features StreetLights, Suburban, Sidewalks
County Los Angeles
Days on Market 50
Directions Exit 110 Fwy on Florence Ave and head West until you get to Western Ave. Located at SEC of intersection
Garage Y/N No
HOA 0.0
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Listing Terms Cash
Lot Size Square Feet 7514.0
MLS Area C37 - Metropolitan South
Mobilehomeremainsyn No
New Construction No
Private Pool No
Property Attached Y/N No
Property Type Land
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Pending
Status Pending
Street Name Western
Tax Lot 2
View None
View Y/N No
Waterfront Y/N No
Zoning LAC2

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N No
Street Suffix Avenue

Exterior Features

Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Features CornerLot, Level, RectangularLot, ValueInLand
Lot Size Acres 0.1725
Lot Size Area 7514.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Open Parking Y/N No
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90047

Price
AVG $650K
$1.03M
Visits
AVG 57
58
Data Provided by Inside Real Estate®