8732 S Western Avenue,Los Angeles, CA 90047
Los Angeles, CA 90047
Description
8732 S Western Ave presents an exceptional development and investment opportunity along on of South LA's major commercial corridors. The offering consists of an additional rear parcel benefiting from a covenant permitting continued parking use, creating a combined footprint of approximately 14,000+ SF. The property offers strong street presence, rear alley access and positioning within a rapidly evolving pocket experiencing continued residential and mixed-use growth. Ideal for developers, investors, or owner-users seeking long-term upside in a high-demand corridor. Potential TOC benefits and redevelopment possibilities may allow for enhanced density and future project flexibility (buyer to verify all zoning and development opportunities). Conveniently located near major transit routes, retail corridors, and just minutes from SoFi Stadium, Forum Stadium, Intuit Dome, and YouTube Theater. The current structure was a previous bank constructed from reinforced concrete creating a solid foundation further enhancing the property's long-term appeal and investment potential.
Details
| MLS # | 26835729 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 120 |
| Listing Provided By | Hoffman Theus | Lauren Young |
Features
| SQ Feet | 5,280 |
|---|---|
| Zoning | LAC2 |
| Acreage | 0.18 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition |
|---|---|
| Security Features | Carbon Monoxide Detectors, Gated Community, Twenty Four Hour Security, Smoke Detectors |
| Construction Materials | Concrete |
| Lot Features | Rectangular Lot |
Utilities
| Electric | Standard |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90047) | |
Price: $2,750,000 low | high Med: $892,000 sqft: 5,280 low | high Med: 2,711 $ / sqft: $521 low | high Med: $336 On site: 120 low | high Med: 83.5 | |
Market Activity 90047
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90047 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90047) | |
Price: $2,750,000 low | high Med: $892,000 sqft: 5,280 low | high Med: 2,711 $ / sqft: $521 low | high Med: $336 On site: 120 low | high Med: 83.5 | |
