Development Opportunity in Los Angeles - 5883 S San Pedro St, Los Angeles, CA 90003

KW Commercial is pleased to present this 14,437 SF LAMR1 zoned lot in South Los Angeles. It consists of 2 parcels.
The subject property currently consists of 2 single family residences and a warehouse totaling approximately 3,734 SF in size. The warehouse and one of the single family residences are currently occupied and on a month to month tenancy generating $3,000 per month.
It also has great frontage with approximately 120 Feet along San Pedro St.
This offering will appeal to an investor, an owner/user or a developer looking to build on a location in a densely populated area of Los Angeles.
Location
The subject property is located on the west side of San Pedro St. just five parcels South of the signalized intersection of San Pedro St. & Slauson Ave. The property is conveniently located less than 1-mile from the 110 Freeway & just south of Downtown Los Angeles.
Schools in the immediate area include Estrella Elementary School, Main St Elementary School, Summit Preparatory Charter School, Dr. Mayan Angelou Community High School and Los Angeles Academy Middle School.
The property is located in a densely populated area of Los Angeles; with over 55,000 people residing within a 1-mile radius and over 470,000 people residing within a 3-mile radius..

Highlights

• DEVELOPMENT OPPORTUNITY ON 14,437 SF LA-MR1 ZONED LOT.
• PERFECT FOR AN OWNER/USER, INVESTOR OR A DEVELOPER.
• GREAT FRONTAGE WITH APPROXIMATELY 120 FEET ALONG SAN PEDRO ST.
• GOOD FREEWAY ACCESS; LOCATED LESS THAN 1 MILE EAST OF THE 110 FREEWAY & JUST SOUTH OF DOWNTOWN LOS ANGELES.
• LOCATED APPROX. 5 PARCELS SOUTH OF THE SIGNALIZED INTERSECTION OF SAN PEDRO ST. & SLAUSON AVE.
• EXCELLENT DEMOGRAPHICS; OVER 55,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 470,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.