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7210 S Western Ave - Entitled Retail Development/Multi-Family Use 0.3 Acres of Commercial Land Offered at $1,342,008 CAD in Los Angeles, CA 90047
Investment Highlights
- Build up to 67 multifamily units, including ~57 market rate , via State Density Bonus Law (AB 1287) or 54 units through the City's TOC program
- Flexible zoning allows for various potential uses, including commercial, multifamily, and mixed-use, depending on the new ownership’s vision.
- Capitalize on the area demographics with 1M+ residents within a 5-mi radius and total spending over $1.59 billion within 2 miles.
- Ready-to-Issue permits in-hand — build 3,750 SF of commercial space with abundant dedicated parking at a highly trafficked signalized intersection
- Dense, amenity-rich trade area minutes from USC, SoFi Stadium, & Kia Forum, with strong surrounding retail and consistent consumer demand
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Property Facts
1 Lot Available
Lot
| Price | $1,342,008 CAD | Lot Size | 0.30 AC |
| Price Per AC | $4,428,630.75 CAD |
| Price | $1,342,008 CAD |
| Price Per AC | $4,428,630.75 CAD |
| Lot Size | 0.30 AC |
Approx. 13,200 SF land at the signalized intersection of S. Western Avenue and Florence. A highly trafficked corridor, prime for retail, multifamily and mixed-use development.
Description
A fully entitled, RTI-permitted development site on one of South Los Angeles's most active transit corridors. Build commercial as-of-right today, or unlock a multifamily project of up to 67 units. The site carries RTI (ready-to-issue) permits for ground-up construction of a 3,750 SF single-story commercial/retail building — ideal for retail, restaurant, medical office, urgent care, cannabis, banking and similar uses. Break ground immediately on a flexible building with broad market appeal. Zoning supports commercial, multifamily and mixed-use development. Build up to 33 units as-of-right, unlock up to 67 units (˜57 market-rate) via California's State Density Bonus Law (AB 1287 double-stack), or ±54 units through the City's Transit Oriented Communities (TOC) program — each offering increased FAR, reduced parking, and ground-floor retail in a mixed-use configuration.
Property Taxes
| Parcel Numbers | Improvements Assessment | $146,384 CAD | |
| Land Assessment | $1,610,227 CAD | Total Assessment | $1,756,611 CAD |
Property Taxes
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7210 S Western Ave - Entitled Retail Development/Multi-Family Use
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