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745-757 S. Kern Ave.

Los Angeles , California 90022

Listing Type:
For Sale
Listing Price:
$2,295,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
Listing Status:
Active
Building Size:
12502 SqFt
Land Area:
0.71 Acres

Description:

KW Commercial is pleased to present this Development Opportunity in the Heart of East LA just north of Whittier Blvd., considered one of the busiest commercial thoroughfares in the area.
The site consists of 4 buildings totaling 12,502 SF in size Per Title (7,982 SF Per Seller) and 4 parcels totaling approximately 30,920 SF of LC-C2 zoned land.
The current tenants include: a Zumba Class, a Bar, a Market & a Dental Office. All tenants have a parking lot behind their buildings with their own point of ingress & egress.
A developer can build a retail building, a mixed-use project (retail/parking on the first floor & apartments on the second) or an apartment building with up to 21 units with 30% on bonuses for density/low income. Please contact the county of LA for different opportunities.
This offering will attract an owner/user, an investor or a developer looking to take advantage of this infill location.
APPROX. 30,920 SF LC-C2 ZONED LOT; PRICED AT ONLY $74/SF ON LAND!!!
DEVELOPER CAN BUILD UP TO 90% OF THE TOTAL LOT SIZE; & THE ZONING WILL ALLOW MIXED-USE OR APARTMENTS.
PERFECT FOR AN INVESTOR, OWNER/USER OR A DEVELOPER.
LOCATED JUST ONE PARCEL NORTH OF THE SIGNALIZED INTERSECTION OF WHITTIER BLVD. & KERN AVE.; JUST EAST OF THE 710 FREEWAY.
STRONG DEMOGRAPHICS; OVER 40,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & APPROX 265,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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