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9600 S Western Ave Los Angeles, CA 90047

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For Sale
$2,095,000

Three-parcel corner assemblage with income potential in South Los Angeles.

Property size:
8,127 SF
Lot size:
24,551.00 Acres

Property Features for 9600 S Western Ave

General Information

Standard status
Active
Zoning
C2-1VL-CPIO (TOC) Tier 2
Size
8,127 SF
Lot size
24,551.00 Acres

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Listing Contact
Nicole Lu
Source: Crexi

Listing Agency: Maher Commercial Realty Listing Agent: Nicole Lu

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Corner Assemblage in South Los Angeles

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.
Location Intelligence

Current Use by Public Records

Definitely Learning Child ... High School

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.30881
Latitude
33.94845

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.
More about this property
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