5 months on rocket

8810 S Central Ave, Los Angeles, CA, 90002

$995,000

0.28 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #24408661
Lot Size0.28 Acres
StatusActive

About 8810 S Central Ave

Seller financing available. Motivated Seller. Ownership will consider all reasonable offers. Site is available for lease at $7,800/month. Seller has a clean phase 2 environmental report on file. We are pleased to present this unique opportunity to purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. There is a +/-3,000 Sq.Ft. building on the site in cold shell condition. The subject site is eligible for ED1 as a 100% affordable project, allowing for a streamlined entitlement and permitting process. Conveniently located at the corner of S. Central Avenue and 88th Street in South Los Angeles. A developer can build up to 47 units on the site using the TOC menu, allowing for a 50% density bonus. This is a very good value at $21,170 per buildable door, $82.82 per Sq.Ft. on land and a clean Phase II on file. The site is comprised of three APN's: 6043-004-014, 6043-004-015 and 6043-004-016.The property consists of a large lot with several vacant buildings. This site offers a savvy investor or developer a wide variety of options, from building a 47 unit residential building to leveraging the flexible C2 zoning and developing a commercial property on the site. Great location just three blocks south of Firestone Blvd. and Central Avenue. This intersection is a main retail corridor offering national brands like KFC, Taco Bell, Family Dollar, Church's, and Burger King, to local services like laundry, auto parts, florist, barbershop, mobile phone provider, and a church. Seller has a clean phase 2 environmental report on file. The site is comprised of three APN numbers 8802 S. Central (6043-004-014), 8806 S. Central (6043-004-015) and 8810 S. Central (6043-004-016).

Property Details

Property Features

Listing Office:

  • Office Name: Maher Commercial Realty
  • Office Phone: (310) 464-1453
  • Listing Agent: Oron Maher

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Other

Directions Information:

  • Directions: East on Manchester Avenue, South on S. Central Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000

Tax Information:

  • Annual Amount: $974
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

8810 S Central Ave vs Los Angeles

165 DAYS ON ROCKET

+127 Days

$995,000

-$26.5K Less

KEY TAKEAWAY

This property is $26.5K 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: #24408661

Listing Office:

  • Office Name: Maher Commercial Realty
  • Office Phone: (310) 464-1453
  • Listing Agent: Oron Maher

IDX 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, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$974$26,446
2020$954$26,176
2019$856$25,664
2018$841$25,161
2017$841$24,669

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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.

Nearby Schools

school-card-donut-1108970
2
/10
  • Kipp Ignite Academy

  • 9110 S Central Ave

  • 0.24 miles

  • Public Charter Grades KG-4

school-card-donut-1108971
5
/10
  • Russell Elementary School

  • 1263 Firestone Blvd

  • 0.36 miles

  • Public District Grades PK-6

school-card-donut-1108972
5
/10
  • Judith F. Baca Arts Academy

  • 1536 E 89th St

  • 0.58 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,544. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8810 S Central Ave

What is the listing price of this property?

The listing price of 8810 S Central Ave property is $995,000.

What type of property is this?

The property 8810 S Central Ave is land located in Los Angeles, California, 90002.

Is this property for sale now?

Active Listing: 8810 S Central 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 $974 (source: MLS/based on county public records data).

How much acreage is this property?

The property 8810 S Central Ave is 0.28 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900028810 S Central Ave

This home is located at 8810 S Central Ave in Los Angeles, CA and zip code 90002 in the Green Meadows neighborhood. This home sits on a 0.28 acre lot. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $995,000.

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. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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