Famed Architect Gerard Colcord was commissioned to design and build this mix-use property in 1941. For 71 years it existed under the ownership of one family, until the current owners purchased it in 2012. Using their vision to make it their own, the present owners lovingly renovated the property, collaborating with well-known landscape architect, Jay Griffith. Of note, this property was the site of the Toyoshima Seed company serving simultaneously as their residence for nearly 7 decades while supplying the local farms on Centinela. Don't miss your chance to own spectacular piece of history that boasts awe-inspiring architecture. This property offers numerous great opportunities due to commercial zoning, including: retail, studio, an art gallery or the ultimate zen venue for your tech start up. ADU potential is also present here, allowing the right person with the right vision to truly let their imagination run wild. The property maybe an ideal candidate for higher density units due to SB10, buyer to do their due diligence.
PRICE REDUCED! This unique property offers a strong investment opportunity for both owner/users and investors interested in mixed-use properties on the West Side of Los Angeles. The asset offers a blend of retail and office space, ample parking, and the inclusion of a coin operated laundry business and newly executed Retail Lease.The potential for acquisition of up to 3 neighboring parcels is possible in this location.
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 90066 has a population of 3,949,776. Los Angeles 90066 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 90066 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 90066 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.