Welcome to a unique and versatile property at 8800 Compton Ave, Los Angeles! This listing features two distinct units on one spacious lot, offering a multitude of possibilities for both investors and community-focused buyers. Main building previously used as a church. Other building feature two 1 bedroom 1 bath units. Corner lot with alley access. A rare gem offering endless possibilities. Whether you’re looking to expand a ministry, develop a community hub, or invest in a unique real estate opportunity, this listing is a must-see. The lot is zoned LCC3. The property will be sold in as-is condition.
Attention builders/developers! Substantial price reduction for a 7,069 SF of land at 9920 S Central Ave. The 3,316 SF building once a Mortuary closed for several years would be a perfect Tear-Down to build low-income housing! The property is in an Enterprise Zone, TOC Tier 2 with a current zoning of C1-VL. Could possibly build a 3-4-story low-income apartment building (must check with the city). The seller has obtained a Phase 1 Report on the property and the Phase 1 Engineer recommends doing a Phase 2 inspection (at the buyer's cost). Any interested parties would have to do their own investigations with the City of Los Angeles. The sellers make no guarantees or warranties, and the property is sold As-Is. WARNING: No one is allowed to enter the building without signing a Waiver of Liability and Release Document and satisfy any other documentation request as a requirement to enter the building. Please contact the co- listing broker, Robert Leighton, for any further information. DO NOT ATTEMPT TO GO ON THE PROPERTY WITHOUT PERMISSION AND PROPER SUPERVISION. There is an additional parcel available for sale across from the 9920 S. Central property at 10002 S Central Ave that is also for sale. Call for details.
Property office has been remodeled and has two bathrooms. One on the inside and one outside for direct access for workers. Plans have been submitted and approved to add three separate garage bays. Property is on a large corner lot and has an electric security gate. Property also comes with a billboard sign that produces income. Current leases for $700 per month. Seller is willing to carry first trust deed. Seller will also provide soil report.
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90002 has a population of 3,949,776. Los Angeles 90002 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90002 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90002 is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.