logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
21 Photos
icon
icon icon
10950 S Main Street
USD 549,000
Property ID: SB24244790
icon
10950 S Main Street ,90061
icon --
icon 7027 SqFt
icon Built in 1946
icon USD 78/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2000
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1946
See more icon
Detailed Introduction Of This Home
Price just reduced! REO. This property has gone back to the lender and must be sold. Great opportunity to redevelop to a large or small multi-family residential project. Previous owner prior to foreclosure said approved for 25 units in his listing, Buyer to independently verify. Seller may be willing to carry with sizeable down payment. Gutted 2,000 sqft building on large 7,020 sqft (45 X 156) street-to-alley corner lot at the SEC corner of Main and E 109th Place. Fantastic redevelopment opportunity located directly in the path of growth and redevelopment. Per LADBS records there's 20 units going up 3 doors north at 10914 S Main Street and 19 units just finished three blocks south at SWC of 112th & Main on a smaller corner lot. Or just build a small handful of units+ADUs like at the corner of E. 110th, probably a lot cheaper and faster to push through the city. Zoned C2, which should allow for R4 uses but Buyer/Buyer's agent to independently verify with all necessary City of LA agencies. See Supplements for ZIMAS reports with aerial, and Generalized Summary of Zoning Regulations, Use and Development Standards for more info. Appears to be in the Southeast LA CPIO District / Subarea C corridor, which may provide Density Bonuses for a higher number of housing units to be built. Best location on Main Street and 2 blocks from 108th St. police station (Southeast Community Station), 1 block from Fire Dept. May have previously been used for retail, a welding shop, and a church. Utilities do not appear operable and Seller will not establish any utility services during its ownership as it is their intent to sell this as a land value deal. Tons of parking with access from both E. 109th Place and the alley. Looks like you could fit 15-20 cars in back. Only access into the building itself is at the rear as its entrance on Main Street was sealed off, making it super secure if someone wants to start a business there in the existing structure. Last sold less than 2 yrs ago for $850k. Seller will also consider leasing, call listing agent for details.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
48171 Birdie Way #B
48171 Birdie Way #B
icon 48171 Birdie Way #B
3920 SqFt  / 2 Beds  / 2 Full Bas
USD 659,000
1913 W 77th Street
1913 W 77th Street
icon 1913 W 77th Street
6700 SqFt  / 2 Beds  / 1 Full Bas
USD 610,000
2220 Unit C Via Mariposa #C
2220 Unit C Via Mariposa #C
icon 2220 Unit C Via Mariposa #C
100 SqFt  / 1 Bed  / 1 Full Bas
USD 300,000
25031 Sunset Drive
25031 Sunset Drive
icon 25031 Sunset Drive
10400 SqFt  / 2 Beds  / 1 Full Bas
USD 398,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 21
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (21)
icon
icon
banner
10950 S Main Street
USD 549,000 0 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder