CA > Los Angeles
Los Angeles, CA 90062,4614 S Western Ave
Los Angeles, CA 90062,4614 S Western Ave
Los Angeles, CA 90062,4614 S Western Ave
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$1,190,000
Est. payment /mo
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4 Beds
8 Baths
7,824 SqFt
Active Under Contract

4614 S Western Ave Los Angeles, CA 90062

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Asianna Joyce

Asianna Joyce

+1(310) 717-8030

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,824 sqft

Price per Sqft $152

MLS Listing ID 24-460385

Style Mid-Century

Bedrooms 4

Construction Status Fixer

Year Built 1962

Lot Size 5,722 Sqft

Acres 0.1314

Property Sub-Type Multi-Family

Property Description

***Motivated Seller - All Reasonable Offers Considered*** Value Added Opportunity for a fully vacant Residential/Commercial property consisting of 7,824 SF of building and 5,663.SF of land. South LA Property has a ton of upside and Live/Work potential. Great opportunity to bring four residential units on the market to provide much needed housing to the Los Angeles community. A possible conversion of commercial units to residential units would provide even more help to the existing housing crisis. Alternatively, keep the existing layout and provide a live/work or residential care facility for transitional housing. Mixed use property works for a variety of buyers including transitional and bridge housing providers, owner/user for SBA financing, non-profit companies providing services for the unhoused and at risk, job training programs, homeless shelters, and more.Features:Mid Century Modern Mixed-Use 2 Story Building, Central hallways with front and rear interior staircases. 1st Floor has 7 commercial units (retail and office)2nd Floor has 4 one-bedroom and one-bathroom residential apartment units. Some second floor units have partial views.Gated parking lot in rear with alley access. Property also features an atrium, front and rear staircases, and a storage room.Location:On Western Avenue Between 46th and 47th Street , South of Vernon Ave and North of Slauson Ave. in South Los Angeles. Located in an Opportunity Zone, Los Angeles State Enterprise Zone , Redevelopment Project Area - Western/Slauson, and Urban Agriculture Incentive Zone. Various incentives and highly desirable loan programs for owner-users are available. Property neighbors several large new developments. Neighborhood has lots of upside and growth potential. Across the Street from Barack Obama Global Preparation Academy & Westbrook Middle School. Located in Transit Oriented Community Tier 3 (TOC 3) with bus stops located at Western/Vernon and Western/48th Ave. The centrally located property is eligible for Reduced Parking Requirements, AB 2334 Density Bonus, and probably AB 2011 Streamlined Approval. Showing by appointment. Call Jon Varsano or Jerry Wiener.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment None

Exterior

Parking Features Gated, Uncovered

Garage Spaces 5.0

View Y/N Yes

View City

Building

Story 2

Architectural Style Mid-Century

Level or Stories Two

Construction Status Fixer

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 ©2025 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 Jonathan Varsano

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agent

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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4614 S Western Ave