C2-2D-O-CPIO Commercial
New
For Sale
$5,000,000
3550 Western Avenue, Los Angeles, CA 90018
Unentitled development site near USC with existing month-to-month tenancy and commercial zoning.
Property Size9,887 SF
Price / SF$505.71
Days on Market5
Property Features for 3550 Western Avenue
General Information
Standard status
Active
Size
9,887 SF
Property subtype
General Commercial
Amenities
21 Parking Spaces.
Building Details
Year Built
1994
Listing Agency:
(310) 595-9000
Listed By:
Saxum West
Source:
Xome
Added: Sep 6
Changed: Sep 9
Last Checked: Sep 10 at 6:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Saxum West
Investment Insights
Based on property information with market context.
This unentitled commercial land offering comprises three contiguous parcels with existing tenant occupancy. Seven tenants are on month-to-month arrangements, and the property includes 21 parking spaces. The site is zoned C2-2D-O-CPIO and carries a 1994 improvement date in the property record.
An architect’s analysis identified potential for a 169+ unit, five-story mid-rise project using the CPIO density bonus, including 115 market-rate units and 54 affordable units. Other redevelopment concepts identified in the property information include a gym, school, senior or assisted living, and housing uses. A contiguous corner parcel is separately owned and may be delivered independently, offering an option to expand the assemblage.
An architect’s analysis identified potential for a 169+ unit, five-story mid-rise project using the CPIO density bonus, including 115 market-rate units and 54 affordable units. Other redevelopment concepts identified in the property information include a gym, school, senior or assisted living, and housing uses. A contiguous corner parcel is separately owned and may be delivered independently, offering an option to expand the assemblage.
Key Highlights
- C2‑2D‑O‑CPIO zoning near USC
- Three contiguous parcels comprise the primary site
- Seven tenants currently occupy the property on month‑to‑month arrangements
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Demographics for 90018, CA
50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Unentitled development site near USC with existing month-to-month tenancy and commercial zoning.
Where is this commercial land located?
The property is located at 3550 Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: C2‑2D‑O‑CPIO zoning near USC; Three contiguous parcels comprise the primary site; Seven tenants currently occupy the property on month‑to‑month arrangements
