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Investment Highlights

  • C2-1VL-CPIO zoning on established South LA commercial corridor
  • Major value-add upside
  • RTI-approved plans for 20-unit multifamily redevelopment

Executive Summary

FRE Auctions and eXp Realty of Greater Los Angeles are proud to present the online Auction Plus® event (allows for contingencies) for an Entitled South Los Angeles Infill Opportunity.
This triplex sits on a C2-zoned parcel along the Western Avenue commercial corridor in South Los Angeles — one of the city's most actively targeted infill corridors under the South LA Community Plan Implementation Overlay District (CPIO).

Attachments

565 Flyer_D6

Property Facts

Price $565,307 CAD
Price Per Unit $188,436 CAD
Sale Type Investment
Sale Conditions
Distress Sale
  • Redevelopment Project
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.15 AC
Building Size 2,760 SF
No. Stories 1
Year Built 1955
Parking Ratio 1.09/1,000 SF
Zoning C2-1VL-CPIO - Broad commercial zoning with reduced height limits and South LA CPIO design and use standards applied.

Amenities

Unit Amenities

  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Oven
  • Tub/Shower
  • Patio

Site Amenities

  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 2 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
6034-008-004
Land Assessment
$621,279 CAD
Improvements Assessment
$349,468 CAD
Total Assessment
$970,748 CAD
  • Listing ID: 41073008

  • Date on Market: 2026-06-26

  • Last Updated:

  • Address: 8016 S Western Ave, Los Angeles, CA 90047

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