Commercial: MLS #0026981433 Los Angeles, CA $ 1,895,000
Commercial: MLS #0026981433
$ 1,895,000
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Commercial: MLS #0026981433

Los Angeles, CA, 90047
$ 1,895,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,965

MLS #/Web ID: 0026981433 - Image 1
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MLS #/Web ID: 0026981433 - Image 4
MLS #/Web ID: 0026981433 - Image 5
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Commercial Property for sale in Los Angeles, CA

for $1,895,000. This building was built in 1957.

A rare three-parcel assemblage totaling approximately 24,551 square feet (0.56 acres) at the signalized hard corner of S. Western Avenue and W. 96th Street. The lot is bordered by a rear alley with ingress and egress from three sides, Western Avenue, 96th Street, and the alley itself, giving any future development exceptional flexibility for site circulation, drive-through stacking, and multiple points of access. This configuration makes the site ideal for a car wash, quick-service drive-through, or most types of retail and commercial development, maximizing benefit from corner visibility and multi-sided access. The property is zoned C2-1VL-CPIO, offering broad commercial development flexibility at a signalized intersection along a high-traffic corridor. Improvements currently on site total approximately 8,127 square feet across two structures, a licensed preschool campus (6,195 SF) and a church sanctuary (1,932 SF), plus a third vacant parcel offering near-term income potential from uses such as a recycling center or tow yard. Combined, the assemblage projects an estimated $15,264/month in gross income and approximately $146,434 in annual NOI, supporting the $1,895,000 asking price at a pro forma cap rate of approximately 7.73%. For a developer, this hard-corner, alley-accessed assemblage is a rare opportunity to acquire land along Western Avenue with existing cash flow in place while planning a car wash, drive-through, or retail/commercial redevelopment. The property includes three APN numbers (6055-022-028, 6055-022-029, 6055-022-030).

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Commercial Active

Price

$ 1,895,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026981433

Features
General
Zoning C2-1VL-CPIO (TOC) Tier 2
Year Built 1957
Business Type Retail
County Los Angeles
Property Type Commercial Sale
Status Active
City Los Angeles
MLS Area C36 - Metropolitan Southwest
Standard Status Active
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Interior
Total Stories 1
Total Baths 0
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Exterior
Lot Features Corner Lot
Lot Size Area 24551
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* Excluded Features
List By
Nicole Lu

Listing Agent

Maher Commercial Realty

Broker

nicole@mahercr.com

Email

Affordability Calculator

$11,965
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,965
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,895,000 Listed Price

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