Rare South LA Owner/User Automotive Site

Property Description

GM Properties is pleased to present 235 W 24th Street, a rare 4,000 SF freestanding owner/user opportunity in Central Los Angeles. The masonry building sits on a 7,841 SF fenced lot with a 10' × 12' drive-in door, 200A power, and 6 surface parking spaces — a functional, automotive-capable configuration with established use history and a clean LADBS code enforcement record. Zoned C2-2D-CPIO and located within a Transit Priority Area (parking minimums waived under AB 2097), the site offers both immediate owner/user utility and long-term redevelopment optionality under the LA Housing Element / AB 2011 framework. Priced at $1,325,000 ($331/SF). SBA 504 financing available. Buyer to independently verify zoning, entitlements, and use eligibility with the City of Los Angeles.