9606 S Western Avenue, Los Angeles, California 90047

  • $1,835,000
  • $1,895,000
9606 S Western Avenue, Los Angeles, California 90047
Active
9606 S Western Avenue, Los Angeles, California 90047
9606 S Western Avenue, Los Angeles, California 90047
  • $1,835,000
  • $1,895,000

Description

9600-9616 S. Western Avenue is a rare three-parcel corner assemblage totaling approximately 24, 551 square feet (0.56 acres) at the prominent southeast corner of S. Western Avenue and W. 96th Street in the heart of South Los Angeles. The existing improvements total approximately +/-4, 332 square feet across three purpose-built structures: a licensed preschool campus (+/-2, 400 SF), a church sanctuary (+/-1, 932 SF) and a +/-620 SF outdoor covered terrace. A vacant land parcel rounds out the assemblage, offering near-term income from commercial uses such as a recycling center or tow yard. Together, the three components project an estimated $15, 264 per month in gross income and approximately $146, 434 in annual net operating income, supporting the $1, 835, 000 asking price at a pro forma cap rate of approximately 7.98%. The site is zoned C2-1VL-CPIO and located within a Transit Oriented Communities (TOC) Tier 2 designation, one of the most favorable development overlays in the City of Los Angeles, enabling 98 residential units by right under TOC and over 100 units under Executive Directive 1 (ED1) with no public hearing required. *Buyer to verify The property includes three APN numbers (6055-022-028, 6055-022-029, 6055-022-030).

  • Address 9606 S Western Avenue, Los Angeles, California 90047
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90047
  • Country US

Details

Updated on October 9, 2026 at 7:13 pm
  • Property ID: 26981433
  • Price: $1,835,000
  • Property Size: 4332 Sqft
  • Land Area: 0.5636 Acres
  • Year Built: 1957
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • County: Los Angeles
  • Property Type: Commercial Sale

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