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Listed price in listed location currency (USD).
$1,125,000

000

MLS® 26670245

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 14
Lot Size 
Approx. Age 1950
MLS® Number 26670245

Property Address: 11936 S Central Ave, LOS ANGELES, CA, 90059

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity to acquire a high-visibility corner commercial lot totaling 15, 268 SF in a thriving and easily accessible Los Angeles location. This property combines immediate income potential with strong long-term development upside, making it ideal for investors, developers, and owner-users.Currently improved with two income-producing tenants occupying approximately 1, 800 SF and generating $2, 400 per month, the property delivers steady cash flow while plans advanceor can be delivered vacant for full redevelopment. If the new owner elects to lease the property, there are qualified tenants ready to step in, offering seamless occupancy and immediate income continuity.A major value-add highlight: the site is approximately 60% RTI (Ready-To-Issue) for permits to construct a 4-story, 87-unit apartment building designed for supportive housing. With significant progress already completed, this project offers a head start toward groundbreaking and positions the next owner to meet growing community housing needs while capturing substantial development potential.With roughly 13, 468 SF of open land remaining, this property provides outstanding flexibility, visibility, and long-term upside. Developers can leverage existing income during the entitlement and permitting phases, while owner-users can offset holding costs or reposition the site for their own vision.
MLS® Number26670245
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 28, 2026List Date
$1,125,000List Price
  • Commute

Commute

Starting Address
Destination Address
11936 S Central Ave, Los Angeles, CA

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