Commercial: MLS #0026985049 Los Angeles, CA ^$ 5,000,000

Commercial: MLS #0026985049

^$ 5,000,000

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Commercial: MLS #0026985049

Name: address
Address: CA, 90018

Los Angeles, CA, 90018

^$ 5,000,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 31,571

Commercial Property for sale in Los Angeles, CA

for $5,000,000. This building was built in 1994.

Unentitled commercial or mid-rise housing development opportunity near USC. Covered land play - all seven (7) tenants are month-to-month and are currently generating approximately $19,000 per month gross rental income. Redevelopment possibilities for a gym, school, senior/assisted living, housing, etc. Architect analysis showed a potential 169+ unit count (115 market rate, and 54 affordable) with the CPIO density bonus, for a 5-story mid-rise build with type IIIB construction.The primary site for sale includes three (3) contiguous parcels totaling 40,769 SF of land zoned C2-2D-O-CPIO. The corner lot (contiguous with the primary site) is owned by a separate seller and can also be delivered separately to complete the block. The corner lot would add an additional 5,857 SF of land, bringing the total size of the assemblage to over one (1) acre.This site presents an increasingly rare opportunity to secure an entire block ripe for development within the inevitable path of USC's continual westward expansion.

Commercial Active

Price

^$ 5,000,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1994

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026985049

Features

General

Zoning LAC2

Year Built 1994

Business Type Retail

Building Name 3550 S Western Ave

County Los Angeles

Property Type Commercial Sale

Status Active

City Los Angeles

MLS Area C34 - Los Angeles SW

Standard Status Active

Interior

Total Stories 1

Total Baths 0

Exterior

Lot Size Area 40769

* Excluded Features

List By

Joseph Bolognese

Listing Agent

Saxum West

Broker

joe@saxumwest.com

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$31,571

Per Month

Monthly Principal & Interest: $31,571
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,605,353

Percent of Sale Price 48%

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.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
9/8/2026	$5,000,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

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 9/8/2026. 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 #0026985049

Commercial Property for sale in Los Angeles, CA

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