Property Listing No Longer Available for Sale

5800 S Central Ave, Los Angeles, CA

Others for Sale - $6,995,000


Property Info

CIMLS#1008372
Location
  5800 S Central Ave
  Los Angeles CA 90011
UpdatedMarch 22nd, 2019
TypeOthers
Price$6,995,000

Property Description

***$255k PRICE REDUCTION*** Four (4) buildings totaling 51,168 SF (the two buildings that front on Central are combined and total 21,700 SF), see "Unit" section for breakdown of individual buildings and land square footage. Lot size 65,498 SF (1.5 AC). Five (5) parcels are included in the sale: 5104-031-010, 5104-031-011, 5104-031-012, 5104-031-014, 5104-031-015 which have a total of five (5) addresses: 5800 S. Central Ave (built 1911), 5808 S. Central Ave (built 1941), 1100 E. 58th St (land...no building), 1140 E. 58th St (built 1952), and 1166 E. 58th St (built 1940). Commercial/Retail uses allowed. Features: frontage on Central, sprinklers in all buildings, 2016 traffic count 27,290 vehicles per day, close to 110 and 105 freeways, gated yard and loading area, seven (7) ground level doors, and one (1) truck well. Approximately 50' from signalized corner of Slauson and Central. Subject property is located adjacent to MTA owned property (bldg. 11,170 SF and lot 66,000 SF) currently being leased to Owner for $3,953 on month to month basis. MTA is open to lease to new owner. District 9 - Microbusiness Cannabis location, check with City for licensing and details. Buyer to verify all contents herein, sizes are all approximations.


Financials


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