9511 S San Pedro Street, Los Angeles, CA 90003

$777,000

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List Price
$777,000
Status
ACTIVE
MLS#
26865087
Year Built
1949
Lot Size
5,227
Acres
0.12
Lot Location
Rectangular Lot
Days on Market
1
Property Type
Commercial

Property Description

Exceptional development and owner-user opportunity in the City of Los Angeles. This vacant two-story office building consists of approximately 2,532 SF on a 5,227 SF LAR4-zoned lot, offering immediate occupancy along with outstanding redevelopment potential. The property is well suited for a variety of owner-user uses, including educational institutions, child care facilities, religious organizations, eldercare facilities, and nonprofit or philanthropic organizations (buyer to independently verify).The site offers the potential to develop approximately 13 units by right or up to approximately 26 units utilizing ED1 and applicable affordable housing incentives (buyer to independently verify). Ideally located with convenient access to the I-110, I-105, and I-10 Freeways, the property is just minutes from Downtown Los Angeles, USC, Exposition Park, BMO Stadium, and other major employment centers, providing exceptional connectivity throughout the Los Angeles area.Buyer is advised to independently investigate and verify all property information, including but not limited to zoning, development potential, permits, square footage, and intended use, through their own due diligence and licensed architects, engineers, attorneys, consultants, and other qualified professionals.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Shahab Zarrabi (shahab.zarrabi@gmail.com) from Listing Office: Douglas Elliman.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.