11936 S Central AVE, Los Angeles, CA 90059
11936 S Central AVE, Los Angeles, CA 90059
11936 S Central AVE, Los Angeles, CA 90059
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,125,000
Est. payment /mo
0.35 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26670245

HOA Y/N No

Year Built 1950

Lot Size 0.351 Acres

Property 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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Interior

Fireplace No

Exterior

Community Features Gated

Utilities Available Electricity Available

Building

Lot Description Corner Lot

Others

Tax ID 6148014018

Security Features Gated Community

Special Listing Condition Standard

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Listed by Omar Morales Hurtado Realty Group Advisors #02199711

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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11936 S Central AVE

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