main property photo 0
main property photo 1
main property photo 2
main property photo 3
main property photo 4
main property photo 5
View All (6)
property photo 1
property photo 2
property photo 3
3550 S Western Ave , Los Angeles, CA 90018
$5,000,000
Est. Payment: $26,483.28/mo
0 Bed
0 Bath
9887 Sqft
Status: Active | Days on site: 15
Get Pre-Qualified
CLW-X83679 - CLW-C143576
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Chris Heller
View agent profile
Email
Call

House Description

Unentitled commercial or mid-rise housing development opportunity near USC. Covered land play - all seven (7) tenants are month-to-month and are currently generating approximately $19,000 per month gross rental income. Redevelopment possibilities for a gym, school, senior/assisted living, housing, etc. Architect analysis showed a potential 169+ unit count (115 market rate, and 54 affordable) with the CPIO density bonus, for a 5-story mid-rise build with type IIIB construction.The primary site for sale includes three (3) contiguous parcels totaling 40,769 SF of land zoned C2-2D-O-CPIO. The corner lot (contiguous with the primary site) is owned by a separate seller and can also be delivered separately to complete the block. The corner lot would add an additional 5,857 SF of land, bringing the total size of the assemblage to over one (1) acre.This site presents an increasingly rare opportunity to secure an entire block ripe for development within the inevitable path of USC's continual westward expansion.
Show more

Highlights

Listed by Joseph Bolognese , 310-422-3891 Saxum West , 310-595-9000. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.94

Year Built

1994

County

Los Angeles

Area

C34 - Los Angeles Southwest

Listing ID

26985049

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:21
Zoning:LAC2
Principal Interest
$26,483
Taxes
$3,188

Home Price

$5,000,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,000,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,483.28

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,483.28 $3,187.50 $0.00 $29,670.78
Yearly $317,799.34 $38,250.00 $0.00 $356,049.34
Total $9,533,980.21 $1,147,500.00 $0.00 $10,681,480.21

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T07:04:54.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS