Listing Agent: Sebastian Stofenmacher      Broker/Office: Edgestone Real Estate, Inc.
6502 4th Los Angeles CA 90043
$ 599,900

Listing ID

#PW26100150

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1940

Days on website

2

Distress/Foreclosure

BO

Description
A compelling land and redevelopment play on a corner lot in the Park Mesa Heights neighbourhood of Los Angeles. The existing 2,463 square foot structure sustained significant fire damage and is being sold as-is, with value squarely in the land and its versatile C2-1VL-CPIO zoning, which permits a broad range of commercial and residential uses. The assessor reflects a prior institutional use designation, adding an interesting dimension for buyers exploring adaptive reuse, ground-up commercial development, or mixed-use projects. Buyer to independently verify all zoning allowances, permitted uses, and development potential with the City of Los Angeles.
The 8,035 square foot corner lot offers excellent visibility and accessibility, situated near Van Ness Recreation Center, Chesterfield Square Park, and everyday retail along nearby commercial corridors. The location provides convenient access to the 10 and 405 freeways, Inglewood, and the broader South LA market; an area that has seen meaningful investor interest in recent years.
Location
Financial Information
List Price:  $ 599900
Property Features
Community Features:  Curbs
High School District:  Los Angeles Unified
Levels:  One
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C34 - Los Angeles Southwest
City:  Los Angeles
Listed By:   Sebastian Stofenmacher   Edgestone Real Estate, Inc. 
CA Lic#