Listing Agency: Marcus & Millichap - Los Angeles t***@marcusmillichap.com Show Phone

Listed By: Tony Azzi · License #00910513

Source: Crexi

Added: Mar 5 Changed: Aug 11 Last Checked: Aug 13 at 5:02AM

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Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire 12,749 square feet of vacant land with development potential. The property is located in the 90048 ZIP Code of Los Angeles.

Key Highlights

• Vacant land offering development potential.
• Located in the highly desirable 90048 ZIP Code of Los Angeles.
• Total land area of 12,749 SF.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Fish Market Restaurant Food Market Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13,108

Businesses Nearby

Explore this area Business Placement

Demographics for 90048, CA

22,604

Population

13,733

Households

1.6

Avg Household Size

39

Median Age

69%

College-Educated

96%

High-School Grad

1.9 sq mi

ZIP Area

11,897

Density / Sq Mi

$104,227

Median Household Income

$83,951

Median Earnings

$2,359

Median Rent

$1,847,500

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant land with development potential in Los Angeles, CA.

Where is this commercial land located?

The property is located at 8765-8771 Burton Way Los Angeles, CA.

What is the asking price?

The asking price for this property is $8,000,000.

What are key features of this property?

This property features: Vacant land offering development potential.; Located in the highly desirable 90048 ZIP Code of Los Angeles.; Total land area of 12,749 SF.