6556 S Western Ave, Los Angeles, CA 90047
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6556 S Western Ave Los Angeles, CA 90047

$950,000
  • -- Beds
  • -- Baths
  • 1,925 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified

Map preview of 6556 S Western Ave, Los Angeles, CA 90047

Property Overview: 6556 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,925 living square feet and 8,216 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Renovated in April 2020, this property consists of a 1,925 sq.ft. building with 200 sq.ft. of office space on a 8,216 sq.ft. lot. Two grade level doors (20' x 10') and a gated and secure parking lot are also in place. Auto repair tenant pays $4,000 on a month-to-month lease, giving the new owner the ability to be an owner-user or landlord with stable income. Busy auto shop has steady demand for its recession-proof services. At only $115 per square foot of land, the property is priced to sell. Ask the listing agent about a state grant in place for site remediation. This site offers a savvy investor or developer a wide variety of options plus the ability to have an income-generating property during entitlement and development process. 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. Please do not disturb tenants.

Listed by Nicole Lu | BRE #02045957 | Maher Commercial Realty
Co-listed by Oron Maher | BRE #01299093 | Maher Commercial Realty
Last checked: 14 minutes ago | Last updated: August 16th, 2024 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
8,216
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Other
Status
Active
MLS#
24428637
City
Los Angeles
County
Los Angeles
Time on Site
33 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6556 S Western Ave

Interior Features
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Parcel Number: 6015012001
Location / Neighborhood
Location Information
  • Directions: West on Route 42, North on S. Western Avenue
View more facts & features

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Sale History for 6556 S Western Ave

View property's historical transactions
  • August, 2024

  • Aug 16, 2024

    Date

    Active

    CRMLS: 24428637

    $950,000

    Price

  • July, 2020

  • Jul 27, 2020

    Date

    Canceled

    CRMLS: IG19197001

    $779,000

    Price

  • Mar 26, 2020

    Date

    Active

    CRMLS: IG19197001

    $779,000

    Price

  • Feb 26, 2020

    Date

    Hold

    CRMLS: IG19197001

    $779,000

    Price

  • Sep 11, 2019

    Date

    Active

    CRMLS: IG19197001

    $779,000

    Price

  • Listing provided courtesy of CRMLS

    Great location in Metro Los Angeles. Centrally located between the interstate 110, interstate 10, interstate 405, and interstate 105. Property was being used as an automobile repairs service shop. This is signalized corner commercial building which can be used as a retail or business office building. The building has excellent traffic and exposure for an Owner- User Buyer looking to enhance their identity. Perfect for a buyer looking to expand on a small business with great visibility. Entrance accessible from both sides of the street (65th and Western). Start your OWN business, commercial property for sale, zoning LA C2, county land use Store, universal land use Store Building, featuring spacious interior 1,925 sq.ft , lot size 8,215 sq.ft. Buyer is responsible to obtain certificate of occupancy for buyer type of business. commercial property is sold-as-is. Investment highlights: : attention investors & developers, prime location with a lot of traffic, area Western & 65th, near Ram/ chargers stadium complex to be opened in 2020, commercial property is sold as-is, make this property your next dream commercial investment.

  • August, 2019

  • Aug 18, 2019

    Date

    Expired

    CRMLS: IG18202449

    $750,000

    Price

  • Jun 20, 2019

    Date

    Price Change

    CRMLS: IG18202449

    $750,000

    Price

  • Jun 20, 2019

    Date

    Active

    CRMLS: IG18202449

    $778,000

    Price

  • Jun 8, 2019

    Date

    Withdrawn

    CRMLS: IG18202449

    $778,000

    Price

  • Apr 25, 2019

    Date

    Pending

    CRMLS: IG18202449

    $778,000

    Price

  • Feb 23, 2019

    Date

    Price Change

    CRMLS: IG18202449

    $778,000

    Price

  • Feb 7, 2019

    Date

    Price Change

    CRMLS: IG18202449

    $850,000

    Price

  • Jan 24, 2019

    Date

    Price Change

    CRMLS: IG18202449

    $900,000

    Price

  • Dec 18, 2018

    Date

    Active

    CRMLS: IG18202449

    $950,500

    Price

  • Nov 17, 2018

    Date

    Hold

    CRMLS: IG18202449

    $950,500

    Price

  • Aug 20, 2018

    Date

    Active

    CRMLS: IG18202449

    $950,500

    Price

  • Listing provided courtesy of CRMLS

    Great location in Metro Los Angeles. Centrally located between the interstate 110, interstate 10, interstate 405, and interstate 105. Property is being used as an automobile repairs service shop. This is signalized corner commercial building which can be used as a retail or business office building. The building has excellent traffic and exposure for an Owner- User Buyer looking to enhance their identity. Perfect for a buyer looking to expand on a small business with great visibility. Entrance accessible from both sides of the street (65th and Western).

  • August, 2018

  • Aug 22, 2018

    Date

    Canceled

    CRMLS: MB18200328

    $858,500

    Price

  • Aug 17, 2018

    Date

    Active

    CRMLS: MB18200328

    $858,500

    Price

  • Listing provided courtesy of CRMLS

    Busy corner location with lots of exposure. Driveway access on both streets.

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Tax History for 6556 S Western Ave

Assessed Value (2020): $132,021
Year Land Value Improved Value Assessed Value
2020 $105,627 $26,394 $132,021

Home Value Compared to the Market

This property vs the competition

6556 S Western Ave is listed 20.83% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $493.51 per/sqft which puts the price per square foot 35.74% lower than the median price per square foot for the city of Los Angeles.

About 6556 S Western Ave

Detailed summary of property

6556 S Western Ave is a other located in Los Angeles, CA 90047 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly 1,925 living square feet, and sits on an approximately 8,216 square foot lot. 6556 S Western Ave was first listed on ArdentRealEstateGroup.com on August 16, 2024. The homeowner is currently asking $950,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.83% lower than the median priced home. Local competing homes currently for sale include 226 E Florence Ave, 6215 S San Pedro St and 4111 S Broadway. While the average home in Los Angeles, CA is selling in 106 days, 6556 S Western Ave has a days on market of 31 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 6556 S Western Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6556 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1946
Sq. Ft.
1,925
Lot Size
8,215
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
358-360
APN
6015-012-001

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
106
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.