5956 West Blvd
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5956 West Blvd
1,722 SF Retail Building Los Angeles, CA 90043 $499,000 ($290/SF)
Investment Highlights
- Buyer has the upside potential to invest and add value to the property.
- Permitted plans and floor layout.
- Create your own finishes and touches. Ready build to suit.
Executive Summary
Here's an exceptional opportunity to purchase an under renovation commercial property in a sought-after location! This versatile building, currently housing an Architectural & Engineering services firm, boasts convenient parking both in the rear and ample street parking for clients/customers.
What makes this property truly special is its flexibility to create your own finished product and add value. With multiple permitted uses for this space (buyer to verify). Plus, with ongoing work and the option to customize the layout to suit a variety of businesses, it's a dream opportunity for any savvy investor or business owner.
Located in an area zoned LAC2, this property also presents a fantastic potential for live/work space arrangements. And with the upcoming construction of the Crenshaw/LAX Transit Corridor Project, an 8.5 mile light rail line along Crenshaw Blvd, accessibility and foot traffic are only set to improve, making it an even more lucrative investment.
Permits and Certificates of Occupancy are readily available, and we've already taken the liberty of attaching them to the listing for your convenience. However, it's important for potential buyers to conduct their due diligence and work with appropriate professionals to ensure all legal requirements are met.
Don't miss out on this opportunity to add a highly desirable property to your portfolio. Contact us today to learn more and to discuss how you can purchase this property!
What makes this property truly special is its flexibility to create your own finished product and add value. With multiple permitted uses for this space (buyer to verify). Plus, with ongoing work and the option to customize the layout to suit a variety of businesses, it's a dream opportunity for any savvy investor or business owner.
Located in an area zoned LAC2, this property also presents a fantastic potential for live/work space arrangements. And with the upcoming construction of the Crenshaw/LAX Transit Corridor Project, an 8.5 mile light rail line along Crenshaw Blvd, accessibility and foot traffic are only set to improve, making it an even more lucrative investment.
Permits and Certificates of Occupancy are readily available, and we've already taken the liberty of attaching them to the listing for your convenience. However, it's important for potential buyers to conduct their due diligence and work with appropriate professionals to ensure all legal requirements are met.
Don't miss out on this opportunity to add a highly desirable property to your portfolio. Contact us today to learn more and to discuss how you can purchase this property!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,722 SF
Building Class
C
Year Built/Renovated
1948/2024
Price
$499,000
Price Per SF
$290
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.07 AC
Zoning
LAC2 - LAC2 Zoning for commercial and other uses. Verify with the City of Los Angeles.
Amenities
- Fenced Lot
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 4004-016-002 | Improvements Assessment | $104,040 |
| Land Assessment | $416,160 | Total Assessment | $520,200 |
PROPERTY TAXES
Parcel Number
4004-016-002
Land Assessment
$416,160
Improvements Assessment
$104,040
Total Assessment
$520,200
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