This property consists of a 1,925 sq.ft. building with 200 sq.ft. of office space on a 8,216 sq.ft. lot. Two grade level doors (20' x 10') and a gated and secure parking lot are also in place. Auto repair tenant pays $4,000 on a month-to-month lease, giving the new owner the ability to be an owner-user or landlord with stable income. Busy auto shop has steady demand for its recession-proof services. At only $115 per square foot of land, the property is priced to sell. Ask the listing agent about a state grant in place for site remediation. This site offers a savvy investor or developer a wide variety of options plus the ability to have an income-generating property during entitlement and development process. The city of Los Angeles has declared a state of emergency around homelessness and has pledged a streamlined entitlement and permitting timeline for 100% affordable projects. No parking is required for 100% affordable projects. Please do not disturb tenants.
Property Details
Property Features
Listing Office:
Office Name: Maher Commercial Realty
Office Phone: (310) 464-1453
Listing Agent: Nicole Lu
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Other
Directions Information:
Directions: West on Route 42, North on S. Western Avenue
Price Information
Listing Price Info
Price Summary:
List Price: $950,000
Tax Information:
Annual Amount: $2,069
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $71.5K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24428661
Listing Office:
Office Name: Maher Commercial Realty
Office Phone: (310) 464-1453
Listing Agent: Nicole Lu
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 18, 1990
Jan 18, 1990Home Sold
$78,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,069
$133,388
2020
$2,018
$132,021
2019
$1,822
$129,433
2018
$1,789
$126,896
2017
$1,789
$124,409
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Learning by Design Charter
7019 S Van Ness Ave
Distance between this listing and this school0.59 miles
Public Charter Grades KG-5
5
/10
74th Street Elementary School
2112 W 74th St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
3
/10
59th Street Elementary School
5939 2nd Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-5
Nearby Schools
4
/10
Horace Mann UCLA Community School
7001 S St Andrews Pl
Distance between this listing and this school0.28 miles
Public District Grades 6-8
3
/10
Alliance Virgil Roberts Leadership Academy
2941 W 70th St
Distance between this listing and this school0.96 miles
Public Charter Grades 6-8
2
/10
John Muir Middle School
5929 S Vermont Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
Nearby Schools
4
/10
Alliance Renee and Meyer Luskin Academy High School
2941 W 70th St
Distance between this listing and this school1.00 miles
Public Charter Grades 9-12
6
/10
La's Promise Charter High #1
1755 W 52nd St
Distance between this listing and this school1.09 miles
Public Charter Grades 9-12
5
/10
Alliance Ouchi-O'Donovan 6-12 Complex
5356 5th Ave
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $53,855. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6556 S Western Ave
What is the listing price of this property?
The listing price of 6556 S Western Ave property is $950,000.
What type of property is this?
The property 6556 S Western Ave is land located in Los Angeles, California, 90047.
Is this property for sale now?
Active Listing: 6556 S Western Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,069 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 18, 1990 for $78,500. (source: MLS/tax record).
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This home is located at 6556 S Western Ave in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $950,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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