4614 S Western Ave
Los Angeles, CA 90062
4 Beds8 Baths7,824 Sq Ft122 Days on Market
For Sale $1,399,000
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Courtesy of Jonathan Varsano
Listing Agent & Comments
***Priced to Sell*** Value Added Opportunity for a fully vacant Residential/Commercial property consisting of 7,824 SF of building and 5,663.SF of land. South LA Property has a ton of upside and Live/Work potential. Great opportunity to bring four residential units on the market to provide much needed housing to the Los Angeles community. A possible conversion of commercial units to residential units would provide even more help to the existing housing crisis. Alternatively, keep the existing layout and provide a live/work or residential care facility for transitional housing. Mixed use property works for a variety of buyers including transitional and bridge housing providers, owner/user for SBA financing, non-profit companies providing services for the unhoused and at risk, job training programs, homeless shelters, and more.Features:Mid Century Modern Mixed-Use 2 Story Building, Central hallways with front and rear interior staircases. 1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment units. Some second floor units have partial views.Gated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Location:On Western Avenue Between 46th and 47th Street , South of Vernon Ave and North of Slauson Ave. in South Los Angeles. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment. Call Jon Varsano or Jerry Wiener.
MLS# 24460385 • Data provided by CRMLS
Living Area | 7,824 Sq.Ft. |
---|---|
Lot Size | 5,724 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1962 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,738,688
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and sale history
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HouseCanary, Inc. Brokerage
4614 S Western Ave., Los Angeles, CA 90062
Multifamily4 Beds8 Baths7,824 Sq Ft122 Days on Market
Listing Agent & Comments
***Priced to Sell*** Value Added Opportunity for a fully vacant Residential/Commercial property consisting of 7,824 SF of building and 5,663.SF of land. South LA Property has a ton of upside and Live/Work potential. Great opportunity to bring four residential units on the market to provide much needed housing to the Los Angeles community. A possible conversion of commercial units to residential units would provide even more help to the existing housing crisis. Alternatively, keep the existing layout and provide a live/work or residential care facility for transitional housing. Mixed use property works for a variety of buyers including transitional and bridge housing providers, owner/user for SBA financing, non-profit companies providing services for the unhoused and at risk, job training programs, homeless shelters, and more.Features:Mid Century Modern Mixed-Use 2 Story Building, Central hallways with front and rear interior staircases. 1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment units. Some second floor units have partial views.Gated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Location:On Western Avenue Between 46th and 47th Street , South of Vernon Ave and North of Slauson Ave. in South Los Angeles. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment. Call Jon Varsano or Jerry Wiener.
MLS# 24460385 • Data provided by CRMLS
Living Area | 7,824 Sq.Ft. |
---|---|
Lot Size | 5,724 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1962 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,399,000
Request tour
Save
Courtesy of Jonathan Varsano
4614 S Western Ave
Los Angeles, CA 90062
4 Beds8 Baths7,824 Sq Ft122 Days on Market
Listing Agent & Comments
***Priced to Sell*** Value Added Opportunity for a fully vacant Residential/Commercial property consisting of 7,824 SF of building and 5,663.SF of land. South LA Property has a ton of upside and Live/Work potential. Great opportunity to bring four residential units on the market to provide much needed housing to the Los Angeles community. A possible conversion of commercial units to residential units would provide even more help to the existing housing crisis. Alternatively, keep the existing layout and provide a live/work or residential care facility for transitional housing. Mixed use property works for a variety of buyers including transitional and bridge housing providers, owner/user for SBA financing, non-profit companies providing services for the unhoused and at risk, job training programs, homeless shelters, and more.Features:Mid Century Modern Mixed-Use 2 Story Building, Central hallways with front and rear interior staircases. 1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment units. Some second floor units have partial views.Gated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Location:On Western Avenue Between 46th and 47th Street , South of Vernon Ave and North of Slauson Ave. in South Los Angeles. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment. Call Jon Varsano or Jerry Wiener.
MLS# 24460385 • Data provided by CRMLS
Living Area | 7,824 Sq.Ft. |
---|---|
Lot Size | 5,724 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1962 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,738,688
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,399,000
Request tour
Save
Courtesy of Jonathan Varsano