Land
FOR SALE
8802-8810 S. Central Avenue
Los Angeles, CA 90002
Sale Price
$949,000
Building Size.
3,000 SF (Cold Shell Condition)
Lot Size
12,014 SF
ABOUT THE PROPERTY
Take advantage of the ED1 eligibility, allowing up to 85 units at $11,165 per door.
Maher Commercial Realty is pleased to present a unique opportunity to purchase or lease a 12,014 Sq.Ft. lot located at the corner of S. Central Ave & 88th Street in South Los Angeles. The property is available for sale at $949,000 and seller financing is available.
The site features a 3,000 Sq.Ft. building in cold shell condition and is zoned C2-1VL-CPIO, offering flexible development options. This property is eligible for a 100% affordable housing project under the TOC Tier 1 guidelines, allowing for streamlined entitlement and permitting. With the TOC density bonus, developers can build up to 47 units—a great value at just $20,191 per buildable door and $78.99 per Sq.Ft. of land.
Located just three blocks south of Firestone Blvd and Central Ave, this site is in a high-traffic retail corridor with national brands like KFC, Taco Bell, and Family Dollar, as well as local services. Whether you’re considering a residential project, commercial use like a tire shop or car storage, or even a recycling center, this property offers numerous possibilities.
The seller is motivated and seller financing is available. All reasonable offers will be considered. Additionally, the site comes with a clean Phase 2 Environmental Report on file.
DEVELOPMENT SUMMARY
Purchase Price:
Lot Size Sq.Ft.:
Building Size:
Building Condition:
Price Per Sq.Ft. (Land):
Zoning:
Toc Tier:
Number of Units Using TOC:
ED1 Eligible:
Price Per Buildable Door:
Clean Phase II:
APN’s:
$949,000 Seller Financing Available
±12,014 Sq.Ft.
±3,000 Sq.Ft.
Cold Shell Condition
$78.99
C2-1VL-CPIO
1
47 Units
Yes Build up to 85 Units
$11,165
Yes
6043-004-014
6043-004-015
6043-004-016
PROPERTY FEATURES
The subject site is eligible for ED1 as a 100% affordable project, allowing a developer to build 85 units at $11,165 per door
+/-12,014 square foot lot zoned C2-1VL-CPIO
The site is available for sale at $78.99 per square foot
Seller financing is available
Located at the corner of S. Central Avenue and 88th Street in South Los Angeles
The Seller currently has a clean phase 2 from the year 2024 on file
A developer can build up to 85 units on the site
The subject site is in a TOC Tier 1 zone, allowing for a 50% density bonus
Build an 85 unit residential building or leverage the flexible C2 zoning and developing a commercial property on the site
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.
Three blocks south of Firestone Blvd. and Central Avenue
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.
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