Commercial: MLS #0026674001 Los Angeles, CA ^$ 1,175,000

Commercial: MLS #0026674001

^$ 1,175,000

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Commercial: MLS #0026674001

Name: address
Address: CA, 90002

Los Angeles, CA, 90002

^$ 1,175,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 7,235

Commercial Property for sale in Los Angeles, CA

for $1,175,000. This building was built in 1921.

Great development opportunity in a high-demand South Los Angeles corridor. 6,414 SF lot zoned Commercial/Mixed-Use per Specific Plan, offering strong multifamily redevelopment potential. The site is currently improved with a 3,178 SF structure; however, the primary value is in the land. Preliminary concept plans propose a 5-story, 100% affordable multifamily project with up to 39 units, including a mix of one-bedroom, two-bedroom, and studio units, leveraging AB 2345 and transit-oriented incentives. No on-site parking required per AB 2097. Plans have been prepared by a licensed architect and submitted for preliminary planning review; buyer to continue entitlement process. Strategically located near the Firestone, Florence, and Slauson Metro Rail Stations, supporting higher-density infill development. Buyer to independently verify zoning, density, incentives, and all development assumptions. Property sold AS-IS for land value.

Commercial Active

Price

^$ 1,175,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026674001

Features

General

Zoning LCC3*

Year Built 1921

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area Metropolitan South

Standard Status Active

Exterior

Lot Size Area 6414.0

Land Lease Type Fee

Interior

Total Stories 0

Total Baths 0

* Excluded Features

List By

Simon Shamoulia

Listing Agent

Beverly & Company Luxury Properties

Broker

Affordability Calculator

$7,235

Per Month

Monthly Principal & Interest: $7,235
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,279,509

Percent of Sale Price 94%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/22/2026	$1,175,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/22/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial: MLS #0026674001

Commercial Property for sale in Los Angeles, CA

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