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4300 S Western Ave 0.14 Acres of Residential Land Offered at $1,182,596 CAD in Los Angeles, CA 90062
Investment Highlights
- 19 units approved
Executive Summary
4300 S. Western Ave is located along the Western Avenue corridor in South Los Angeles, one of the city’s primary north–south commercial arteries connecting South Los Angeles with Mid-City, Koreatown, and Downtown Los Angeles. The property sits on Western Avenue, a heavily traveled corridor lined with neighborhood retail, service businesses, schools, and public transit routes.
The site consists of two separate residential buildings totaling approximately 2,712 square feet on a 5,785 square foot C2-zoned lot. The property includes on-site parking and frontage directly along Western Avenue, providing strong visibility and convenient access for residents and visitors.
The surrounding neighborhood is densely populated and supported by a large base of local amenities. Grocery stores, restaurants, schools, and neighborhood services are located along Western Avenue and the nearby commercial corridors of Vernon Avenue, Martin Luther King Jr. Boulevard, and Slauson Avenue. Public transportation is easily accessible, with multiple Metro bus lines running along Western Avenue connecting the area to Downtown Los Angeles and other employment centers.
The property is less than two miles from the University of Southern California (USC) and within a short commute to Downtown Los Angeles, Exposition Park, and several major employment hubs throughout Central Los Angeles.
In addition to the existing residential improvements, plans are available for a 29-unit apartment development, presenting an opportunity for future multifamily redevelopment. The location benefits from strong population density, with over 50,000 residents within a one-mile radius and more than 450,000 residents within three miles, supporting long-term housing demand.
4300 S. Western Ave offers a flexible opportunity for an owner-occupant, investor, or developer seeking an infill property in a central South Los Angeles location with both existing residential improvements and long-term redevelopment potential.
The site consists of two separate residential buildings totaling approximately 2,712 square feet on a 5,785 square foot C2-zoned lot. The property includes on-site parking and frontage directly along Western Avenue, providing strong visibility and convenient access for residents and visitors.
The surrounding neighborhood is densely populated and supported by a large base of local amenities. Grocery stores, restaurants, schools, and neighborhood services are located along Western Avenue and the nearby commercial corridors of Vernon Avenue, Martin Luther King Jr. Boulevard, and Slauson Avenue. Public transportation is easily accessible, with multiple Metro bus lines running along Western Avenue connecting the area to Downtown Los Angeles and other employment centers.
The property is less than two miles from the University of Southern California (USC) and within a short commute to Downtown Los Angeles, Exposition Park, and several major employment hubs throughout Central Los Angeles.
In addition to the existing residential improvements, plans are available for a 29-unit apartment development, presenting an opportunity for future multifamily redevelopment. The location benefits from strong population density, with over 50,000 residents within a one-mile radius and more than 450,000 residents within three miles, supporting long-term housing demand.
4300 S. Western Ave offers a flexible opportunity for an owner-occupant, investor, or developer seeking an infill property in a central South Los Angeles location with both existing residential improvements and long-term redevelopment potential.
Property Facts
| Price | $1,182,596 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.14 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | LAC2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses | ||
| Price | $1,182,596 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
| Zoning | LAC2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses |
1 Lot Available
Lot
| Price | $1,182,596 CAD | Lot Size | 0.14 AC |
| Price Per AC | $8,447,660.61 CAD |
| Price | $1,182,596 CAD |
| Price Per AC | $8,447,660.61 CAD |
| Lot Size | 0.14 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5021-024-021 | Improvements Assessment | $434,249 CAD |
| Land Assessment | $578,999 CAD | Total Assessment | $1,013,249 CAD |
Property Taxes
Parcel Number
5021-024-021
Land Assessment
$578,999 CAD
Improvements Assessment
$434,249 CAD
Total Assessment
$1,013,249 CAD
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4300 S Western Ave
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