11936 S Central Ave, Los Angeles, CA 90059
11936 S Central Ave, Los Angeles, CA 90059
11936 S Central Ave, Los Angeles, CA 90059
11936 S Central Ave, Los Angeles, CA 90059
11936 S Central Ave, Los Angeles, CA 90059
11936 S Central Ave, Los Angeles, CA 90059
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Eddie Arnez

Eddie Arnez

+1(954) 305-1314
$ 1,125,000
Est. payment | /mo

1,125 SqFt

Save
$ 1,125,000
Est. payment | /mo
Save

1,125 SqFt

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,125 sqft

Price per Sqft $1,000

MLS Listing ID 26670245

Year Built 1950

Lot Size 0.351 Acres

Acres 0.3506

Property Sub-Type Land

Property Description

An exceptional opportunity to acquire a high-visibility corner commercial lot totaling 15,268 SF in a thriving and easily accessible Los Angeles location. This property combines immediate income potential with strong long-term development upside, making it ideal for investors, developers, and owner-users.Currently improved with two income-producing tenants occupying approximately 1,800 SF and generating $2,400 per month, the property delivers steady cash flow while plans advanceor can be delivered vacant for full redevelopment. If the new owner elects to lease the property, there are qualified tenants ready to step in, offering seamless occupancy and immediate income continuity.A major value-add highlight: the site is approximately 60% RTI (Ready-To-Issue) for permits to construct a 4-story, 87-unit apartment building designed for supportive housing. With significant progress already completed, this project offers a head start toward groundbreaking and positions the next owner to meet growing community housing needs while capturing substantial development potential.With roughly 13,468 SF of open land remaining, this property provides outstanding flexibility, visibility, and long-term upside. Developers can leverage existing income during the entitlement and permitting phases, while owner-users can offset holding costs or reposition the site for their own vision.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAC2

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Group Advisors

Nearby Locations

Eddie Arnez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

e.arnez@kw.com

12711 Ventura Blvd, Studio City, CA, 91604, USA

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11936 S Central Ave