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11854 Avalon Boulevard

Los Angeles (City), CA 90061
  • $1,675,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 24350953
Price Reduced
UPDATED: 11 min ago
$1,675,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Oron Maher of Maher Commercial Realty (310-464-1453) and Nicole Lu of Maher Commercial Realty(310-464-1453)


Description

Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an +/-15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and church that is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. Using the TOC menu, a developer can build a +/-67-unit development site. As an 100% affordable project, a buyer can build at least 71 units, or more if they chose to utilize the full height restriction of 78 feet. This is a very good value at only $23,591 per buildable door as an 100% affordable site and $25,000 per door as a TOC mostly market-rate site. The property consists of a well-loved +/-4,208 sq.ft. church as well as the generous corner parking lot with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to Animo Watts Charter High School and Animo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T16:36:34.72. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/146861409
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11854 Avalon Boulevard Los Angeles (City), CA 90061

  • Price: $1,675,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 11 min ago
  • ID#: 24350953
0
Beds
0
Baths
0
½ Baths
0.35
Acres
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
Owner Motivated. Make an Offer. We are pleased to present this unique opportunity to purchase an +/-15,222 square foot lot zoned C2-1VL-CPIO. The property consists of a parking lot and church that is currently vacant. The site is located at the corner of S. Avalon Blvd. and E. 118th Place in South Los Angeles. Using the TOC menu, a developer can build a +/-67-unit development site. As an 100% affordable project, a buyer can build at least 71 units, or more if they chose to utilize the full height restriction of 78 feet. This is a very good value at only $23,591 per buildable door as an 100% affordable site and $25,000 per door as a TOC mostly market-rate site. The property consists of a well-loved +/-4,208 sq.ft. church as well as the generous corner parking lot with easy visibility, and wide entrances from both S. Avalon Blvd and E. 118th Pl. This site offers a savvy investor or developer a wide variety of options, from renting to a new church to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks north of beautiful Earvin "Magic" Johnson Park and Social Security Administration office and close to Animo Watts Charter High School and Animo Mae Jamison Charter Middle School. Easy access to the 110 Freeway and 105 Freeway Interchange. The site includes two APN numbers for sale together: 11854 Avalon (APN: 6084-005-035) and 11860 Avalon Blvd. (APN: 036 6084-005-036).
Exterior Features

Parking Total 0 View None View YN No

Property Features

Additional Parcels YN Yes Association YN No Listing Agreement Seller Reserved Listing Service Full Service New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning C2-1VL-CPIO C2-1VL-CPIO C



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-29T16:36:34.72. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Oron Maher of Maher Commercial Realty (310-464-1453) and Nicole Lu of Maher Commercial Realty(310-464-1453)