5800 S Central Ave Los Angeles, CA 90011

$6,995,000
5800 S Central Ave, Los Angeles, CA 90011
CV18103403

Commercial Property for sale in Los Angeles, CA

for $6,995,000. This building was built in 1911 on a lot size of 65498.00 Sqft..

Property Information

  • $6,995,000
  • Commercial
  • Warehouse
  • Active
  • Lot size of 65498.00 Sqft.
  • Built in 1911
  • Los Angeles, CA
  • Southeast Los Angeles Neighborhood
  • Los Angeles County
  • MLS/Web ID is CV18103403

 Virtual Tour

Description

***$255k PRICE REDUCTION*** Four (4) buildings totaling 51, 168 SF (the two buildings that front on Central are combined and total 21, 700 SF), see "Unit" section for breakdown of individual buildings and land square footage. Lot size 65, 498 SF (1.5 AC). Five (5) parcels are included in the sale: 5104-031-010, 5104-031-011, 5104-031-012, 5104-031-014, 5104-031-015 which have a total of five (5) addresses: 5800 S. Central Ave (built 1911), 5808 S. Central Ave (built 1941), 1100 E. 58th St (land...no building), 1140 E. 58th St (built 1952), and 1166 E. 58th St (built 1940). Commercial/Retail uses allowed. Features: frontage on Central, sprinklers in all buildings, 2016 traffic count 27, 290 vehicles per day, close to 110 and 105 freeways, gated yard and loading area, seven (7) ground level doors, and one (1) truck well. Approximately 50' from signalized corner of Slauson and Central. Subject property is located adjacent to MTA owned property (bldg. 11, 170 SF and lot 66, 000 SF) currently being leased to Owner for $3, 953 on month to month basis. MTA is open to lease to new owner. District 9 - Microbusiness Cannabis location, check with City for licensing and details. Buyer to verify all contents herein, sizes are all approximations.

Interior 1

Water Source

  • Public Water

Exterior 2

Exterior

  • Sprinkler

Lot Description

  • Level/Flat
  • Rectangular Lot

Miscellaneous 1

Location

  • Corner Lot

† Excluded Feature

Listed By

Broker: CENTURY 21 CITRUS REALTY INC

5800 S Central Ave , Los Angeles, CA, 90011 is a Commercial Property for sale at $6,995,000 with a lot size of 65498.00 Sqft.. 5800 S Central Ave has 0.0 baths and was built in 1911. The property's zip code is 90011 which is in Los Angeles, CA

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Pricing History

Date Price Price Change Description
8/28/2018 $6,995,000 -3.52 % Price Change
5/4/2018 $7,250,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $2,273,256 68 % below $1,063,000 85 % below
Commerical listings in Los Angeles $1,122,873 84 % below $600,000 91 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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