Corner Assemblage in South Los
9600 S Western Ave, Los Angeles, CA 90047
Call to check price and availability
Three-parcel corner assemblage with income potential in South Los Angeles.
Type:Retail, Land
Property size:
8,127 SFLot size:
0.56 AcresPrice / SF:
$257/SF- Added:
- Mar 5, 2026
- Days on Market:
- 68
- Last Refresh:
- Mar 16 at 2:55 pm
Property Features for 9600 S Western Ave
General Information
- Standard status
- Active
- Size
- 8,127 SF
- Lot size
- 0.56 Acres
- Property subtype
- Retail, Land
Listing agent Nicole Lu License #CA 02045957
Listing office Maher Commercial Realty (310) 710-1018
Listing date Mar 5, 2026
Source Crexi
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 Maher Commercial Realty
HighLights
- TOC Tier 2 designation allows for significant residential development (98 units by right, over 100 under ED1) with no public hearing required.
- Existing improvements include a licensed preschool campus and church sanctuary, providing immediate income streams.
- Pro forma cap rate of approximately 6.97% based on estimated $146,434 annual net operating income.
- Strategic corner location on S. Western Avenue with high traffic volume (24,000 vehicles per day).
- Acquisition price of $258 per square foot for existing improvements is significantly below replacement cost.
- Vacant land parcel offers additional income potential from commercial uses.
Overview
Located at the southeast corner of S. Western Avenue and W. 96th Street in South Los Angeles, the property at 9600–9616 S. Western Avenue is a three-parcel corner assemblage totaling approximately 24,551 square feet (0.56 acres). The existing improvements total approximately 8,127 square feet across two structures: a 6,195 square foot licensed preschool campus and a 1,932 square foot church sanctuary. The assemblage includes a vacant land parcel, offering near-term income potential from commercial uses. The site is zoned C2-1VL-CPIO and located within a Transit Oriented Communities (TOC) Tier 2 designation, enabling 98 residential units by right under TOC and over 100 units under Executive Directive 1 (ED1) with no public hearing required. The location benefits from high visibility with 24,000 vehicles per day and a dense population of 372,000 residents within three miles. The Western Avenue corridor is attracting new multifamily and mixed-use investment. The zoning is already in place. ED1, AB 2011, and SB 35 all provide by-right or ministerial approval pathways to 100+ units without discretionary review or public hearing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Definitely Learning Child ...
High School
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30881
- Latitude
- 33.94845
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FAQs
What type of property is this?
Commercial land - Three-parcel corner assemblage with income potential in South Los Angeles.
Where is this commercial land located?
The property is located at 9600 S Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: TOC Tier 2 designation allows for significant residential development (98 units by right, over 100 under ED1) with no public hearing required.; Existing improvements include a licensed preschool campus and church sanctuary, providing immediate income streams.; Pro forma cap rate of approximately 6.97% based on estimated $146,434 annual net operating income.
