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    5951 W 3rd St

    Los Angeles, CA 90036
    • $8,400,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 20-640490
    $8,400,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Presented for sale is 5951 - 5959 W. 3rd Street, on 11,045 SF of C1-1VL Tier 1 zoned land, a corner double-lot that backs up to an alley. Located at the intersection of 3rd St. and Fuller Ave., this site is ideally situated in a high traffic, high income neighborhood w/in walking distance to The Grove, Pan Pacific Park, La Brea Ave. shopping & is central to the best hospitality and nightlife in Los Angeles! Currently operating as an auto-body shop (we are told it used to be a gas station), dog grooming and fitness studio, this property is ready for a re-positioning or re-development. Build a by-right project or maximize density to build 24 units over ground floor retail. Long-term owners open to look at all offers as they are ready to exchange into their next investment! Sale includes 2 APNs: 5512-016-006 & 5512-016-007. Lot is aprx 105x110 with lot lines @ angle & rounded corner. At closing, auto-body delivered vacant, one tenant will be on m-t-m & one tenant w/1 year on lease.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-24T23:42:24.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.alwaysyourrealtor.com/homes/110591272
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    5951 W 3rd St Los Angeles, CA 90036

    • Price: $8,400,000
    • Status: Active
    • ID#: 20-640490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Presented for sale is 5951 - 5959 W. 3rd Street, on 11,045 SF of C1-1VL Tier 1 zoned land, a corner double-lot that backs up to an alley. Located at the intersection of 3rd St. and Fuller Ave., this site is ideally situated in a high traffic, high income neighborhood w/in walking distance to The Grove, Pan Pacific Park, La Brea Ave. shopping & is central to the best hospitality and nightlife in Los Angeles! Currently operating as an auto-body shop (we are told it used to be a gas station), dog grooming and fitness studio, this property is ready for a re-positioning or re-development. Build a by-right project or maximize density to build 24 units over ground floor retail. Long-term owners open to look at all offers as they are ready to exchange into their next investment! Sale includes 2 APNs: 5512-016-006 & 5512-016-007. Lot is aprx 105x110 with lot lines @ angle & rounded corner. At closing, auto-body delivered vacant, one tenant will be on m-t-m & one tenant w/1 year on lease.
    Exterior Features

    Lot Size Area 11045 Road Frontage ˜105 On 3rd & 110 On Fuller W/Corner. View Description Other View YN Yes

    Property Features

    Cable YN Yes Potential Usage Build A By-Right Project Or Maximize Density To Build 24 Units Over Ground Floor Retail. Present Use MechanicFitness Studio And Dog Grooming. Sale Type Standard Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Zoning C1-1Vl Tier 1

    Listing provided courtesy of Dario Svidler DRE#01884474 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-24T23:42:24.873. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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