David Bond

Los Angeles CA Residential Income for Sale

LOOKING FOR BACK UP OFFERS. Perfect for USC student housing. Zoning should allow for an additional unit PLUS an ADU. SELLER WILL PROVIDE THE UNITS VACANT AT COE! Newer large 3-car garage with openers. May be perfect for 3rd unit above and ADU conversion? Easy alley access to garages. Close to downtown LA. Convenient to freeways and public transportation. Large 1 bedroom units with 1.5 baths in each unit. Desirable open floor plan from living room to dining room and kitchen. Crown molding in dining and living rooms. Desirable hardwood floors in living/dining in one unit. Laundry rooms in each unit. Additional paved area with separate gate for RV parking or 2-vehicle parking in tandem. Newer roof still under warranty. Backyard area perfect for garden and gatherings. Additional outside fenced storage area between garage on westerly side. Income/Expense data is estimated. Buyer to make their own Income/Expense forecasts and not rely on "Scheduled" forecast stated in listing info. Cash to new loan, FHA, VA or any other financing works but seller will not carry. Full 3% commission to selling brokerage! Please provide proof of funds and pre-approval for financed transactions.

Los Angeles CA Residential Income for Sale

LOOKING FOR BACK UP OFFERS. Perfect for USC student housing. Zoning should allow for an additional unit PLUS an ADU. SELLER WILL PROVIDE THE UNITS VACANT AT COE! Newer large 3-car garage with openers. May be perfect for 3rd unit above and ADU conversion? Easy alley access to garages. Close to downtown LA. Convenient to freeways and public transportation. Large 1 bedroom units with 1.5 baths in each unit. Desirable open floor plan from living room to dining room and kitchen. Crown molding in dining and living rooms. Desirable hardwood floors in living/dining in one unit. Laundry rooms in each unit. Additional paved area with separate gate for RV parking or 2-vehicle parking in tandem. Newer roof still under warranty. Backyard area perfect for garden and gatherings. Additional outside fenced storage area between garage on westerly side. Income/Expense data is estimated. Buyer to make their own Income/Expense forecasts and not rely on "Scheduled" forecast stated in listing info. Cash to new loan, FHA, VA or any other financing works but seller will not carry. Full 3% commission to selling brokerage! Please provide proof of funds and pre-approval for financed transactions.

Los Angeles CA Commercial for Sale

Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. With its high ceilings and expansive clear and open area, the property could be perfect for warehousing, storage space, distribution center, etc. all in a central convenient area. There is a large doorway in the rear at grade providing easy forklift access. Extraordinary opportunity for a large scarce, unique, and desirable property along a major thoroughfare. Property is vacant for immediate occupancy by new ownership or its desired tenants. Unpaved on-site parking area at the rear off of the alley. Trust owned and vacant for years so no other information is available including any historical income and expenses. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary.

Los Angeles CA Land for Sale

ANOTHER HUGE PRICE REDUCTION! Priced way below appraised value. Owner wants it sold yesterday. Owner will now consider carrying paper with 50% down with interest only payments at 7.5% due in 5 years OAC. Lot cleared of all debris. Rare opportunity to own a level vacant commercial zoned lot in central Los Angeles ready for development. New codes should allow for both residential and commercial development with potential for residential bonus developments. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for a small lot subdivision, multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. In addition, it may possibly be used for parking for adjacent businesses and churches or to generate parking income related thereto. Get creative to maximize potentials for this easily affordable lot. Check with your architect and/or the city to find out all the different development opportunities for the property. Trust owned so no information is known about the property. Buyer to conduct their own independent investigations. Property is ready for escrow and immediate close as no court confirmation is needed whatsoever. Priced right for a quick sale of a unique lot with many opportunities.

Los Angeles CA Land for Sale

ANOTHER HUGE PRICE REDUCTION! Priced way below appraised value. Owner wants it sold yesterday. Owner will now consider carrying paper with 50% down with interest only payments at 7.5% due in 5 years OAC. Lot cleared of all debris. Rare opportunity to own a level vacant commercial zoned lot in central Los Angeles ready for development. New codes should allow for both residential and commercial development with potential for residential bonus developments. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for a small lot subdivision, multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. In addition, it may possibly be used for parking for adjacent businesses and churches or to generate parking income related thereto. Get creative to maximize potentials for this easily affordable lot. Check with your architect and/or the city to find out all the different development opportunities for the property. Trust owned so no information is known about the property. Buyer to conduct their own independent investigations. Property is ready for escrow and immediate close as no court confirmation is needed whatsoever. Priced right for a quick sale of a unique lot with many opportunities.

Los Angeles CA Land Lot for Sale

SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes PLUS an additional $2,000 for the lease of a sign at the corner of the lot totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month basis and can be increased or terminated at any time. Seller states that the sign has been there for years and likely the lessee would desire to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. Lease of the lot terminates on June 30, 2024 but the ownership states they believe the tenant would prefer to renew at expiration. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing home on the site that could be rebuilt/remodeled with additional commercial and/or residential improvements. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Seller may be able to furnish renderings for a 6-unit development allowed by right upon approval of the architect for its release and dissemination. Architect may be available to be hired to continue with the approval process for the proposed development. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, one now on a month to month basis, may be furnished upon request. Because it is being sold for land value only, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a tear-down only. Because it is being sold for land value only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.

Los Angeles CA Land Lot for Sale

SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes PLUS an additional $2,000 for the lease of a sign at the corner of the lot totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. Lease of the lot terminates on June 30, 2024 but the ownership states they believe the tenant would prefer to renew at expiration. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, one now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a teardown. Also, because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.

Los Angeles CA Residential Income for Sale

SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes PLUS an additional $2,000 for the lease of a sign at the corner of the lot totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! Great alternative to a rent controlled multi-family residence with all the headaches and expenses that tenants cause. The sign lease is on a month to month basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. Lease of the lot terminates on June 30, 2024 but the ownership states they believe the tenant would prefer to renew at expiration. No rent control! Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, one now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a teardown. Also, because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.

Compton CA Commercial for Sale

Rare opportunity to buy a vacant lot ready to develop. Fully fenced for security purposes. Zoned CL for commercial purposes. Per the City Planning staff, the City will allow residential development in conjunction with a commercial development with a CUP. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Alley and street access allow for more development opportunities. Lot will delivered vacant and clear of existing items on the site.

Compton CA Land Lot for Sale

REDUCED $30K FOR A QUICK SALE! Rare opportunity to buy a vacant lot ready to develop. Fully enclosed with block wall and security gate for security and storage purposes. Zoned CL for commercial purposes. Seller will deliver the property vacant and clear of all debris onsite. There is a vacant lot next door that could possibly be obtained if a larger parcel is desired. Buyer to seek out the ownership and negotiate separately if adjacent lot is desired as there is no relation between the separate ownerships. Per the City Planning staff, the City will allow residential development in conjunction with a commercial development with a CUP. Check with the city or your architect for all details related thereto. Property is sold as is in its present state but will be delivered vacant and clear of all existing items stored on the site. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map which indicates a 25 foot addition at the front. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 1, 2, or 3 studies, and anything else, if desired. Trust owned and ready to sell immediately without any court confirmation. Alley and street access allow for more development opportunities. Because it is being sold for land value only, drive-by the property at any time and feel free to view it along Compton Blvd. and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Incredible deal. Make it yours.

Compton CA Land Lot for Sale

REDUCED $30K FOR A QUICK SALE! Rare opportunity to buy a vacant lot ready to develop. Fully enclosed with block wall and security gate for security and storage purposes. Zoned CL for commercial purposes. Seller will deliver the property vacant and clear of all debris onsite. There is a vacant lot next door that could possibly be obtained if a larger parcel is desired. Buyer to seek out the ownership and negotiate separately if adjacent lot is desired as there is no relation between the separate ownerships. Per the City Planning staff, the City will allow residential development in conjunction with a commercial development with a CUP. Check with the city or your architect for all details related thereto. Property is sold as is in its present state but will be delivered vacant and clear of all existing items stored on the site. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map which indicates a 25 foot addition at the front. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 1, 2, or 3 studies, and anything else, if desired. Trust owned and ready to sell immediately without any court confirmation. Alley and street access allow for more development opportunities. Because it is being sold for land value only, drive-by the property at any time and feel free to view it along Compton Blvd. and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Incredible deal. Make it yours.

Los Angeles CA Commercial for Sale

Great opportunity to own a rare and vacant church. Remodel it for use or repurpose it as desired. Sold for land value only making it a great deal. With new codes, the property also affords an opportunity for redevelopment to a residential income property with tremendous residential density bonuses. R-4 zoning plus TOC Tier 1, low income housing bonuses, and ADU laws, would allow for an excellent opportunity to build a large multi-family residential project. With both street frontage and alley access along the whole side of the property, makes it more conducive for various development choices and opportunities. Perhaps a 12 unit condo project with 12 separate private tandem 2 car garages with access along the alley? Check with the city and your architect and explore the myriad of opportunities this great property offers and for all the details related to redeveloping it to its highest and best use with the greatest density allowable with all bonuses and things considered. A new law, signed by Gov. Gavin Newsom, rezones land owned by religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. Extraordinary opportunity for a scarce, unique, and desirable property along a major thoroughfare for high density development. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Property will be delivered tenant free at close of escrow. Because it is being sold for land value only, go directly to the property at any time and view it from the street and alley. Do not enter the property or disturb the tenant. Interior of property will be shown only with proof of funds provided along with loan pre-approval letter or letter of credit if financing is needed. If being purchased for church purposes, the buyer must have adequate funds/financing for both purchase and rehab.

Los Angeles CA Commercial for Sale

$900K PRICE REDUCTION! Great opportunity to own a rare and empty former theatre that was converted to a church. Repurpose it as desired or use it as-is. With new codes, the property also affords an opportunity for redevelopment to residential/commercial purposes with residential density bonuses. Check with the city and your architect for all details related thereto. This just in: New law, signed by Gov. Gavin Newsom, rezones land owned by nonprofit colleges and religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. With its high ceilings and expansive clear and open area, the property could be perfect for warehousing, storage space, distribution center, etc. all in a central convenient area. There is a double doorway in the rear at grade providing easy forklift access. Extraordinary opportunity for a large scarce, unique, and desirable property along a major thoroughfare. Property is vacant for immediate occupancy by new ownership or its desired tenants. Unpaved on-site parking area at the rear off of the alley. Trust owned and vacant for years so no other information is available including any historical income and expenses. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary.

Los Angeles CA Land Lot for Sale

Huge $100,000 price reduction. Sold for land value only making it a great deal plus an opportunity to own a rare and vacant church. Remodel it for use or repurpose it as desired. Rent it during entitlement. With new codes, the property affords an opportunity for redevelopment to a residential income property with tremendous residential density bonuses. R-4 zoning plus the best TOC Tier 1 benefits, low income housing bonuses, and ADU laws, would allow for an excellent opportunity to build a large multi-family residential project. With both street frontage and alley access along the whole side of the property, makes it more conducive for various development choices and opportunities. Perhaps a 12 unit condo project with 12 separate private tandem 2 car garages with access along the alley? Check with the city and your architect and explore the myriad of opportunities this great property offers and for all the details related to redeveloping it to its highest and best use with the greatest density allowable with all bonuses and things considered. A new law, signed by Gov. Gavin Newsom, rezones land owned by religious institutions, such as churches, mosques, and synagogues, to allow for affordable housing. Starting in 2024, they can bypass most local permitting and environmental review rules that can be costly and lengthy. See SB 4. Extraordinary opportunity for a scarce, unique, and desirable property along a major thoroughfare for a very high density development. Sold in its present "as is" condition. No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Property will be delivered tenant free at close of escrow. Because it is being sold for land value only, go directly to the property at any time and view it from the street and alley. Do not enter the property or disturb the tenant. Interior of property will be shown only with proof of funds provided along with loan pre-approval letter or letter of credit if financing is needed. If being purchased for church purposes, the buyer must have adequate funds/financing for both purchase and rehab.

Los Angeles CA Land Lot for Sale

SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes by the existing tenant PLUS an additional $2,000 for the lease of the existing sign/billboard located onsite at the NE corner of the lot by another tenant with gross income totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month holdover basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. The lot is currently being leased on a month to month holdover basis but the ownership also states that the tenant would prefer to renew the lease. The buyer can make their own decision and/or renegotiate new leases after close of escrow. Property will be delivered with tenants in possession for income producing purposes until buyer decides what it prefers to do giving buyers additional flexibility and opportunities. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a teardown. Also, because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.

Los Angeles CA Commercial for Sale

SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes by the existing tenant PLUS an additional $2,000 for the lease of the existing sign/billboard located onsite at the NE corner of the lot by another tenant with gross income totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month holdover basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. The lot is currently being leased on a month to month holdover basis but the ownership also states that the tenant would prefer to renew the lease. The buyer can make their own decision and/or renegotiate new leases after close of escrow. Property will be delivered with tenants in possession for income producing purposes until buyer decides preference. Historical redacted bank statements attached to show rental payments by the tenants. Recent bank statements provided with an accepted offer at request. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a teardown. Also, because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.

Los Angeles CA Commercial for Sale

BEST AND EASIEST BUSINESS YOU WILL EVER OWN PLUS A SCREAMING DEAL! No management, expenses, inventory, maintenance, repairs, landscaping, expensive insurance, problematic clientele, etc. Passive income of $3,200 for commercial use of the lot for storage purposes by the existing tenant PLUS an additional $2,000 for the lease of the existing sign/billboard located onsite at the NE corner of the lot by another tenant with gross income totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. About a 9% cap rate based upon gross income and no rent control! The sign lease is on a month to month holdover basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. The lot is currently being leased on a month to month holdover basis but the ownership also states that the tenant would prefer to renew lease. The buyer can make their own decision and/or renegotiate new leases after close of escrow. Property will be delivered with tenants in possession for income producing purposes until buyer decides preference. Historical redacted bank statements attached to show rental payments by the tenants. Recent bank statements provided with an accepted offer at request. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home onsite but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. Codes, allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if requested by the buyer because the house is a teardown. Because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.

Compton CA Commercial Sale for Sale

Property is back on the market after being totally cleaned of all things that were on the site. The property is priced almost $65K less than original list price and $30K below recent appraisal. Seller wants it sold immediately. Best priced lot in the entire city. Rare opportunity to buy a vacant lot ready to develop. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned CL for commercial purposes. Per the City Planning staff, the City will allow residential development in conjunction with a commercial development with a CUP. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Alley and street access allow for more development opportunities. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval. Contact Kevin Theodorea at (310) 365-3456 for all loan details and to get your best terms. Commercial vacant lot not subject to NAR settlement agreement. Full 3% to selling agent.

Compton CA Commercial Sale for Sale

Property is back on the market after being totally cleaned of all things that were on the site. The property is priced almost $65K less than original list price and $30K below recent appraisal. Seller wants it sold immediately. Best priced lot in the entire city. Rare opportunity to buy a vacant lot ready to develop. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned CL for commercial purposes. Per the City Planning staff, the City will allow residential development in conjunction with a commercial development with a CUP. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Alley and street access allow for more development opportunities. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval. Contact Kevin Theodorea at (310) 365-3456 for all loan details and to get your best terms. Commercial vacant lot not subject to NAR settlement agreement. Full 3% to selling agent.

Los Angeles CA Commercial Sale for Sale

Rare opportunity to acquire a manufacturing or residential zoned vacant lot ready to develop. Best priced lot in the entire city for this unique zoned property that also allows for industrial uses. Furthermore, zoning should also allow for R4 uses at ground level and R3 uses above grade allowing for a large residential development, if desired. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned MR1 for commercial, industrial, residential, manufacturing, and other purposes. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval. Contact Kevin Theodorea at (310) 365-3456 for all loan details and to get your best terms. Commercial vacant lot is not subject to NAR settlement agreement thus allowing cooperating brokerages. Full 3% to selling agent.

Los Angeles CA Land for Sale

Rare opportunity to acquire a manufacturing or residential zoned vacant lot ready to develop. Best priced lot in the entire city for this unique zoned property that also allows for industrial uses. Furthermore, zoning should also allow for R4 uses at ground level and R3 uses above grade allowing for a large residential development, if desired. Fully fenced for security purposes. Perfect for storage uses immediately if the city allows it. Zoned MR1 for commercial, industrial, residential, manufacturing, and other purposes. Check with the city or your architect for all details related thereto. Property is sold as is in its present state. Seller and broker make no representations whatsoever that should be relied upon. Lot size is estimated and based upon the Assessor's plat map. Buyer to conduct their own due diligence for all aspects of the property including, but not limited to, lot size, phase 2 or 3 studies, if desired. Trust owned and ready to sell immediately without any court confirmation. Bridge Loans, Inc. is ready to offer financing for purchase and/or construction financing. Zero to 30% down with cross-collateralization and 13% simple interest only payments for one year with no prepayment penalties. All loan terms are subject to credit approval.