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Corner Located Land For Sale

$1,852,000

5265-5269 S. Central Ave., Los Angeles, CA 90011

Active
Last Updated: 11/15/2021

0.2835 acres

Lot Area

 
Details:
Lot Area:    0.2835 acres
Highlights:
  • - 2 PARCELS TOTALING 12,350 SF OF LA-C2-1-CPIO ZONED LAND LOCATED AT THE CORNER OF S. CENTRAL AVE. & 53RD ST.
  • NORTH OF THE MAJOR SIGNALIZED INTERSECTION OF CENTRAL & SLAUSON AVE.
  • - GOOD CAR TRAFFIC COUNTS; OVER 20,000 CARS PER DAY ALONG CENTRAL AVE.
  • - GREAT FRONTAGE: APPROXIMATELY 90 FEET ALONG CENTRAL AVE. & 130 FEET ALONG 53RD ST.
  • - EASY FREEWAY ACCESS; JUST 1.5 MILES EAST OF THE 110 FREEWAY & 2.5 MILES SOUTH OF THE 10 FREEWAY.
  • - LOCATION IS DESIGNATED TOC TIER 2, SOUTH LOS ANGELES TRANSIT EMPOWERMENT ZONE & LOS ANGELES STATE ENTERPRISE ZONE.
  • - EXCELLENT DEMOGRAPHICS; APPROX. 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
Description:

KW Commercial is pleased to present this 2 parcel 12,350 SF, per Alta Survey, LA-C2-1-CPIO zoned corner lot. An architect reviewed the property and calculated the total to be 13,109 SF of land. The lot has great frontage with approximately 95 feet along Central Ave. & 130 feet along 53rd St.

The location is designated TOC Tier 2, South Los Angeles Transit Empowerment Zone and Los Angeles State Enterprise zone. Allowing for higher density and lower parking requirements. (Please contact the City of Los Angeles for additional information)

The offering will attract an investor or developer looking to build in a densely populated area of Los Angeles.

The offering is located at the Northwest corner of S. Central Ave. & 53rd St., just 2 blocks south of the signalized intersection of 51st St. & Central Ave. It is also just north of the major signalized intersection of Central & Slauson Ave. Central Ave. also provides good car traffic counts with over 20,000 cars per day at this location.

The site is directly adjacent to Aurora Elementary School. Other schools in the immediate area include: Los Angeles Academy Middle School, Estrella Middle School, George Washington Carver Middle School, Sally Ride Elementary School, KIPP Opportunity Middle School, Holmes Avenue Elementary School, and Synergy Quantum Academy Middle School, just to name a few.

The location has easy freeway access; just 1.5 miles east of the 110 freeway & 2.5 miles south of the 10 freeway.

The demographics in the immediate area consist of approximately 50,000 people residing within a 1-mile radius & over 450,000 people residing within a 3-mile radius, thus providing high density.

Map:
Documents:
Title
Offering_Memorandum.pdf
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