8810 Central Ave Los Angeles, CA 90002

This exceptional 12,014 square foot commercial/industrial land parcel, located at 8810 S Central Ave, Los Angeles, CA 90002, presents a unique investment opportunity. The property features a 3,000 square foot building in a cold shell condition, offering flexibility for various uses. Zoned C2-1VL-CPIO, this corner lot at the intersection of S. Central Avenue and E. 88th Street boasts high visibility and is ideally situated in a thriving retail corridor, near national brands and local businesses. The site is comprised of three APNs: 6043-004-014, 6043-004-015, and 6043-004-016, in Los Angeles County. A clean Phase II environmental report is available. The property is priced at $1,050,000, representing a compelling value of $87.40 per square foot. Development potential includes up to 47 residential units utilizing the TOC menu and a 50% density bonus, or various commercial ventures given the flexible C2 zoning. The site is also eligible for ED1 as a 100% affordable project, streamlining the entitlement and permitting process. This prime location offers significant potential for a savvy investor or developer seeking a high-return investment in a dynamic South Los Angeles market. The seller is motivated and will consider all reasonable offers.