755 S Kern Ave
Los Angeles, CA 90022
Development Opportunity In East LA · Land For Sale · 0.37 AC

KW Commercial is pleased to present this Developers gem 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 2 parcels totaling approximately 16,000 SF Per Seller (Buyer to do their own due diligence) of LC-C2 Zoned land. The property currently has a 2,762 SF 2 tenant freestanding building generating total $2,750 per month. The current tenants include a Beauty Salon & a Bar, both of which are on month to month tenancy and can be delivered vacant upon the close of escrow. The current owner has completed plans & renderings to construct a 5,730 SF "L-Shaped" Shopping Center and will provide the plans to the new owner. This new center could possibly offer up to 6 units ranging from 844 - 1,305 SF in size. Buyer to do their own due diligence to confirm! A developer can also possibly do a mixed use project: retail & apartments! Please contact the county of LA for different opportunities. This offering will attract an investor/developer with tenants in mind or an owner/user looking to take advantage of this infill commercial location. The subject property is located just one parcel north of signalized intersection of Whittier Blvd & Kern Ave. The property offers excellent freeway accessibility; it is just East of the 710 Freeway, North of the 5 Freeway, and South of the 60 Freeway. It has 100 FT of frontage along Kern Ave. and offers excellent foot & car traffic counts; approximately 26,000 cars per day along Whittier Blvd. The offering is located in a densely populated area of Los Angeles, with over 47,000 people residing within a 1-mile radius and approximately 285,000 people residing in a 3 mile radius.