Property Description
Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.
Features
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Address Map
U.S.
California
Other County
Los Angeles
90018
2420 S Western Avenue
0
W119° 41' 29.7''
N34° 2' 2.6''
MLS Addon
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32,705 Sqft
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6
From downtown Los Angeles, head west on W 12th St, then turn left onto S Western Ave. Continue south on S Western Ave for about 3 miles. The destination, 2420 S Western Avenue, will be on your right, just south of the Adams-Normandie area.
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Pf24801m

Commercial Sale For Sale Los Angeles

2420 S Western Avenue, Los Angeles, Other County, California, 90018

Visits : 7 in 15 days
$9,000,000
Listing ID #P1-19129
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : P1-19129
Price : $9,000,000
Year Built : 1990
Status : Active
Property Sub Type : Multi Family
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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