$1,395,000
2027 W Florence Avenue Los Angeles, CA 90047
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$1,395,000
Est. payment /mo
2,700 SqFt
Active
2027 W Florence Avenue Los Angeles, CA 90047
UPDATED:
09/16/2024 04:47 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $516
MLS Listing ID CRDW24136417
HOA Y/N No
Year Built 1951
Lot Size 7,500 Sqft
Acres 0.17
Property Description
Seller WILL PROVIDE PHASE 1 AND PHASE 2 to serious buyers with LOI, please see supplementals for all certificate of occupancies*** WE proudly present this wonderful investment opportunity in one of the hottest and upcoming neighborhoods of Los Angeles Known as Hyde Park, a neighborhood that is only 1.5 miles from Inglewood and already has million dollar single family residences. This building is the PERFECT for a developer or for an owner-user buyer that has an automotive business because it will be delivered VACANT at the close of escrow, which means that you can qualify for an SBA loan and purchase this property with as little as 10-15% downpayment ($210k), WOW! This property has previously operated businesses such as: Auto heating & cooling, service repair, auto electric, transmission services, and auto registration. At the moment, the property the is equipped with 4 double bays, 3 ton crane, 8 air lines (2 on each bay), 2 electrical meters with strong power, office space separate from work station, and great access to the station with 11ft height doors. Property is also zoned LAC2 Tier 2. A developer can potentially build up to 28 units using TOC density bonus. Because the property will be delivered vacant, it allows for a buyer with a different trade to come and relocate if
Location
State CA
County Los Angeles
Area Listing
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 6016034003
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Listed by Daniel Terrazas • VIP Real Estate Firm
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