Envelope-to: info@sterlingcal.com
Delivery-date: Wed, 06 Nov 2024 10:50:54 -0600
Message-ID: <1141980893623.1109032175899.1577520235.0.561150JL.2002@synd.ccsend.com>
Date: Wed, 6 Nov 2024 11:50:42 -0500 (EST)
From: Maher Commercial Realty <oron@mahercr.com>
Reply-To: oron@mahercr.com
To: info@sterlingcal.com
Subject: MOTIVATED SELLER: Prime South LA Corner Development Site | Build 47
 Units | 12,014 Sq. Ft. Lot
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Email from Maher Commercial Realty Prime South LA Development Site | +/- 12=
,014 Sq.Ft. Corner Site $91.14 PER SQUARE FOOT | $23,297 PER BUILDABLE DOOR=
 8802, 8806, 8810 S. Central Blvd., Los Angeles, CA 90002 List Price $1,095=
,000 Buildable Lot Sq.Ft. +12,014 Price Per Sq.Ft. Land $91.14 Zoning C2-1V=
L-CPIO Number of Units Using TOC: 47 PROPERTY DESCRIPTION Motivated Seller.=
 Ownership will consider all reasonable offers. Clean Phase 2 report on fil=
e. Maher Commercial Realty is pleased to present this unique opportunity to=
 purchase an +/-12,014 square foot lot zoned C2-1VL-CPIO TOC Tier 1. There =
is a +/-3,000 Sq.Ft. building on the site in cold shell condition. The subj=
ect site is eligible for ED1 as a 100% affordable project, allowing for a s=
treamlined entitlement and permitting process. Conveniently located at the =
corner of S. Central Avenue and 88th Street in South Los Angeles. A develop=
er can build up to 47 units on the site using the TOC menu, allowing for a =
50% density bonus. This is a very good value at $23,297 per buildable door,=
 $91.14 per Sq.Ft. on land and a clean Phase II on file. The site is compri=
sed of three APN=E2=80=99s: 6043-004-014, 6043-004-015 and 6043-004-016. Th=
e property consists of a large lot with several vacant buildings. This site=
 offers a savvy investor or developer a wide variety of options, from build=
ing a 47 unit residential building to leveraging the flexible C2 zoning and=
 developing a commercial property on the site. Great location just three bl=
ocks south of Firestone Blvd. and Central Avenue. This intersection is a ma=
in retail corridor offering national brands like KFC, Taco Bell, Family Dol=
lar, Church=E2=80=99s, and Burger King, to local services like laundry, aut=
o parts, florist, barbershop, mobile phone provider, and a church.  Clean P=
hase 2 report on file. PROPERTY FEATURES List Price: Lot Size Sq.Ft.: Build=
ing Size Sq.Ft.: Building Condition: Price Per Sq.Ft. (Land): Zoning: TOC T=
ier: Number of Units Using TOC: Price Per Unit: ED1 Eligible: =EF=BB=BFAPN'=
s:=EF=BB=BF PROPERTY FEATURES $1,095,000 +12,014 Sq.Ft. +3,000 Sq.Ft. Cold =
Shell $91.14 C2-1VL-CPIO Tier 1 47 Units $23,297 per Door Yes 6043-004-014 =
6043-004-015 6043-004-016 FOR MORE INFORMATION PLEASE CONTACT: Oron Maher B=
roker-Director, Esquire Maher Commercial Realty 310.464.1453 Oron@MaherCR.c=
om BRE# 01299093 Real Estate for the Prosperity of All =C2=A92024 Maher Com=
mercial Realty. Broker does not guarantee the accuracy of square footage, l=
ot size or other information concerning the condition or features of proper=
ty provided by seller or obtained from public records or other sources, and=
 the buyer is advised to independently verify the accuracy of that informat=
ion through personal inspection and with appropriate professionals. Broker =
may or may not have an exclusive right to sell property. =E2=80=8A Share Th=
is Email Share This Email Share This Email =E2=80=8A Maher Commercial Realt=
y | 275 S Beverly Drive Ste 100 | Beverly Hills, CA 90212 US Unsubscribe | =
Update Profile | Constant Contact Data Notice
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<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
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</td> </tr> </table> <table class=3D"layout layout--1-column" style=3D"back=
ground-color: #FFFFFF; table-layout: fixed;" width=3D"100%" border=3D"0" ce=
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<table class=3D"image image--mobile-scale image--mobile-center" width=3D"10=
0%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=3D"ima=
ge_container" align=3D"center" valign=3D"top"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"590" src=3D"https://files.constantcontact.com/b1908773201/760534=
a4-bbc7-4b73-b685-c3c1b0d52e76.png" alt=3D""> </td> </tr> </table> </td> </=
tr> </table> <table class=3D"layout layout--feature layout--1-column" style=
=3D"background-color: #000000; table-layout: fixed;" width=3D"100%" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0" bgcolor=3D"#000000"> <tr> <td cl=
ass=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center=
" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: center; font-family: Trebuchet MS,Verdana,Helvetica,s=
ans-serif; color: #FFFFFF; font-size: 36px; line-height: 1.2; display: bloc=
k; word-wrap: break-word; padding: 10px 20px;" align=3D"center" valign=3D"t=
op">
<p style=3D"margin: 0;"><span style=3D"font-size: 18px; color: rgb(255, 255=
, 255);">Prime South LA Development Site | +/- 12,014 Sq.Ft. Corner Site</s=
pan></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 19px;">$91.14 PER SQUARE =
FOOT | $23,297 PER BUILDABLE DOOR</span></p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--1-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1 scale stack=
" style=3D"width: 100%;" align=3D"center" valign=3D"top">
<table class=3D"image image--mobile-scale image--mobile-center" width=3D"10=
0%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=3D"ima=
ge_container" align=3D"center" valign=3D"top"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"586" src=3D"https://files.constantcontact.com/b1908773201/65a794=
84-0f6c-4e61-845d-be8a92fbfe52.jpg" alt=3D""> </td> </tr> </table> </td> </=
tr> </table> <table class=3D"layout layout--feature layout--1-column" style=
=3D"background-color: #000000; table-layout: fixed;" width=3D"100%" border=
=3D"0" cellpadding=3D"0" cellspacing=3D"0" bgcolor=3D"#000000"> <tr> <td cl=
ass=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center=
" valign=3D"top">
<table class=3D"text text--sectionHeading text--padding-vertical" width=3D"=
100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"table-layou=
t: fixed;"> <tr> <td class=3D"text_content-cell content-padding-horizontal"=
 style=3D"text-align: center; font-family: Trebuchet MS,Verdana,Helvetica,s=
ans-serif; color: #FFFFFF; font-size: 36px; line-height: 1.2; display: bloc=
k; word-wrap: break-word; padding: 10px 20px;" align=3D"center" valign=3D"t=
op"><p style=3D"margin: 0;"><span style=3D"font-size: 21px;">8802, 8806, 88=
10 S. Central Blvd., Los Angeles, CA 90002</span></p></td> </tr> </table> <=
/td> </tr> </table> <table class=3D"layout layout--3-column" style=3D"table=
-layout: fixed;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0"> <tr> <td class=3D"column column--1" style=3D"width: 45%;" align=3D"=
center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--3-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 34%;" align=3D"center" va=
lign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 0px 10px 20px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-size: 14px; color: rgb(255, 255=
, 255); font-weight: bold;">List Price</span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">$1,095,000</p>
</td> </tr> </table> </td>  <td class=3D"column column--2 scale stack" styl=
e=3D"width: 33%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FFFF=
FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px;" align=3D"left" valign=3D"top">
<p style=3D"text-align: center; margin: 0;" align=3D"center"><span style=3D=
"font-weight: bold;">Buildable Lot Sq.Ft.</span></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center"><br></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center"><span style=3D=
"text-decoration: underline;">+</span>12,014</p>
</td> </tr> </table> </td>  <td class=3D"column column--3 scale stack" styl=
e=3D"width: 33%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 20px 10px 0px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-weight: bold;">Price Per Sq.Ft.=
 Land</span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">$91.14</p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--2-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 50%;" align=3D"center" va=
lign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 center; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-w=
ord; padding: 10px 10px 10px 20px;" align=3D"center" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-weight: bold;">Zoning</span></p=
>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;"><span style=3D'color: rgb(255, 255, 255); font-fami=
ly: "Trebuchet MS", Verdana, Helvetica, sans-serif;'>C2-1VL-CPIO</span></p>
</td> </tr> </table> </td>  <td class=3D"column column--2 scale stack" styl=
e=3D"width: 50%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FFFF=
FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px 10px 10px;" align=3D"left" valign=3D"top">
<p style=3D"text-align: center; margin: 0;" align=3D"center"><span style=3D=
"font-weight: bold;">Number of Units Using TOC: </span></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center"><br></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center">47</p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--1-column" style=3D"table-layout: fixed;" width=
=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0"> <tr> <td class=
=3D"column column--1 scale stack" style=3D"width: 100%;" align=3D"center" v=
align=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"line-height=
: 1.2; text-align: left; font-family: Trebuchet MS,Verdana,Helvetica,sans-s=
erif; color: #FFFFFF; font-size: 14px; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-size: 22px; text-decoration: un=
derline;">PROPERTY DESCRIPTION</span></p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">Motivated Seller. Ownership will consider all reaso=
nable offers. Clean Phase 2 report on file. Maher Commercial Realty is plea=
sed to present this unique opportunity to purchase an +/-12,014 square foot=
 lot zoned C2-1VL-CPIO TOC Tier 1. There is a +/-3,000 Sq.Ft. building on t=
he site in cold shell condition. The subject site is eligible for ED1 as a =
100% affordable project, allowing for a streamlined entitlement and permitt=
ing process. Conveniently located at the corner of S. Central Avenue and 88=
th Street in South Los Angeles.</p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">A developer can build up to 47 units on the site us=
ing the TOC menu, allowing for a 50% density bonus.</p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">This is a very good value at $23,297 per buildable =
door, $91.14 per Sq.Ft. on land and a clean Phase II on file.</p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">The site is comprised of three APN&#x2019;s: 6043-0=
04-014,&#xa0;6043-004-015 and 6043-004-016.</p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">The property consists of a large lot with several v=
acant buildings. This site offers a savvy investor or developer a wide vari=
ety of options, from building a 47 unit residential building to leveraging =
the flexible C2 zoning and developing a commercial property on the site.</p=
>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">Great location just three blocks south of Firestone=
 Blvd. and Central Avenue. This intersection is a main retail corridor offe=
ring national brands like KFC, Taco Bell, Family Dollar, Church&#x2019;s, a=
nd Burger King, to local services like laundry, auto parts, florist, barber=
shop, mobile phone provider, and a church.&#xa0;</p>
<p style=3D"margin: 0;"><br></p>
<p style=3D"margin: 0;">Clean Phase 2 report on file.</p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
ckground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"c=
enter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=
=3D"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/=
letters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; w=
idth: 5px;"> </td> </tr> </table> </td> </tr> </table> </td>  <td class=3D"=
column column--2" style=3D"width: 10%;" align=3D"center" valign=3D"middle">
<table class=3D"image image--padding-vertical image--mobile-scale image--mo=
bile-center" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0=
"> <tr> <td class=3D"image_container" align=3D"center" valign=3D"top" style=
=3D"padding-top: 10px; padding-bottom: 10px;"> <img data-image-content clas=
s=3D"image_content" style=3D"display: block; height: auto; max-width: 100%;=
" width=3D"42" src=3D"https://imgssl.constantcontact.com/letters/images/PT1=
1793/Divider.png" alt=3D""> </td> </tr> </table> </td>  <td class=3D"column=
 column--3" style=3D"width: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"left" valign=3D"top"> <=
table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cell=
padding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_con=
tent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; bac=
kground-color: #FFFFFF; border-bottom-width: 0px;" height=3D"1" align=3D"ce=
nter" bgcolor=3D"#FFFFFF"> <img alt=3D"" width=3D"5" height=3D"1" border=3D=
"0" hspace=3D"0" vspace=3D"0" src=3D"https://imgssl.constantcontact.com/let=
ters/images/1101116784221/S.gif" style=3D"display: block; height: 1px; widt=
h: 5px;"> </td> </tr> </table> </td> </tr> </table> </td> </tr> </table> <t=
able class=3D"layout layout--2-column layout--divided" style=3D"table-layou=
t: fixed;" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0">=
 <tr> <td class=3D"column column--verticalDivider column--1 scale stack" st=
yle=3D"width: 50%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FFFF=
FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top"><div><div><span style=
=3D"font-size: 22px; text-decoration: underline;">PROPERTY FEATURES</span><=
/div></div></td> </tr> </table> <table class=3D"text text--padding-vertical=
" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style=3D"=
table-layout: fixed;"> <tr> <td class=3D"text_content-cell content-padding-=
horizontal" style=3D"line-height: 1.5; text-align: left; font-family: Trebu=
chet MS,Verdana,Helvetica,sans-serif; color: #FFFFFF; font-size: 14px; disp=
lay: block; word-wrap: break-word; padding: 10px 20px;" align=3D"left" vali=
gn=3D"top">
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">List Price:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Lot Size Sq.Ft.:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Building Size Sq.Ft.:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Building Condition:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Price Per Sq.Ft. (Land):</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Zoning:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">TOC Tier:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Number of Units Using TOC:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">Price Per Unit:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">ED1 Eligible:</span></p>
<p style=3D"text-align: right; margin: 0;" align=3D"right"><span style=3D"f=
ont-size: 15px;">&#xfeff;APN's:</span><span style=3D"font-size: 16px;">&#xf=
eff;</span></p>
</td> </tr> </table> </td>  <td class=3D"column-divider column-divider--ver=
ticalDivider scale stack" style=3D"height: 1px; line-height: 1px; backgroun=
d-color: #FFFFFF;" width=3D"1" align=3D"center" valign=3D"top" bgcolor=3D"#=
FFFFFF"> <img alt=3D"" width=3D"1" height=3D"1" border=3D"0" hspace=3D"0" v=
space=3D"0" src=3D"https://imgssl.constantcontact.com/letters/images/110111=
6784221/S.gif"> </td>  <td class=3D"column column--verticalDivider column--=
2 scale stack" style=3D"width: 50%;" align=3D"center" valign=3D"top">
<table class=3D"text text--padding-vertical" width=3D"100%" border=3D"0" ce=
llpadding=3D"0" cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td =
class=3D"text_content-cell content-padding-horizontal" style=3D"text-align:=
 left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FFFF=
FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top"><div><div><span style=
=3D"font-size: 22px; color: rgb(255, 255, 255); text-decoration: underline;=
">PROPERTY FEATURES</span></div></div></td> </tr> </table> <table class=3D"=
text text--padding-vertical" width=3D"100%" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" style=3D"table-layout: fixed;"> <tr> <td class=3D"text_co=
ntent-cell content-padding-horizontal" style=3D"line-height: 1.5; text-alig=
n: left; font-family: Trebuchet MS,Verdana,Helvetica,sans-serif; color: #FF=
FFFF; font-size: 14px; display: block; word-wrap: break-word; padding: 10px=
 20px;" align=3D"left" valign=3D"top">
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">$1,095,000</span><=
/p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px; text-decoration: un=
derline;">+</span><span style=3D"font-size: 15px;">12,014 Sq.Ft.</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px; text-decoration: un=
derline;">+</span><span style=3D"font-size: 15px;">3,000 Sq.Ft.</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">Cold Shell</span><=
/p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">$91.14</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">C2-1VL-CPIO</span>=
</p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">Tier 1</span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">47 Units</span></p=
>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">$23,297 per Door</=
span></p>
<p style=3D"margin: 0;"><span style=3D"font-size: 15px;">Yes</span></p>
<p style=3D"margin: 0;"><span style=3D'font-size: 15px; color: rgb(255, 255=
, 255); font-family: "Trebuchet MS", Verdana, Helvetica, sans-serif;'>6043-=
004-014</span></p>
<p style=3D"margin: 0;"><span style=3D'font-size: 15px; color: rgb(255, 255=
, 255); font-family: "Trebuchet MS", Verdana, Helvetica, sans-serif;'>6043-=
004-015</span></p>
<p style=3D"margin: 0;"><span style=3D'font-size: 15px; color: rgb(255, 255=
, 255); font-family: "Trebuchet MS", Verdana, Helvetica, sans-serif;'>6043-=
004-016</span></p>
</td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--3-=
column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0"> <tr> <td class=3D"column column--1" style=3D"w=
idth: 45%;" align=3D"center" valign=3D"middle">
<table class=3D"divider" width=3D"100%" cellpadding=3D"0" cellspacing=3D"0"=
 border=3D"0"> <tr> <td class=3D"divider_container" style=3D"padding-top: 1=
0px; padding-bottom: 10px;" width=3D"100%" align=3D"right" valign=3D"top"> =
<table class=3D"divider_content-row" style=3D"width: 94%; height: 1px;" cel=
lpadding=3D"0" cellspacing=3D"0" border=3D"0"> <tr> <td class=3D"divider_co=
ntent-cell" style=3D"height: 1px; line-height: 1px; padding-bottom: 0px; ba=
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sans-serif;'>Maher Commercial Realty</span></p>
<p style=3D"text-align: center; margin: 0;" align=3D"center"><span style=3D=
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FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top"><div><div style=3D"te=
xt-align: center;" align=3D"center"><span style=3D"color: rgb(153, 34, 96);=
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v></td> </tr> </table> </td> </tr> </table> <table class=3D"layout layout--=
1-column" style=3D"table-layout: fixed;" width=3D"100%" border=3D"0" cellpa=
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FF; font-size: 14px; line-height: 1.2; display: block; word-wrap: break-wor=
d; padding: 10px 20px;" align=3D"left" valign=3D"top"><p style=3D"margin: 0=
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ormation concerning the condition or features of property provided by selle=
r or obtained from public records or other sources, and the buyer is advise=
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an exclusive right to sell property.</span></p></td> </tr> </table> </td> <=
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