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1107 N Western Ave 8,280 SF 100% Leased Retail Building Los Angeles, CA 90029 $1,600,000 ($193.24/SF)
Investment Highlights
- Three-story ±8,280 SF brick retail/office building on a high-traffic East Hollywood corridor.
- Month-to-month tenancy provides immediate flexibility to lease, reposition, or occupy.
- Priced at $1,600,000, or approximately $193/SF, well below typical replacement cost.
- Strong zoning profile with [Q]C4-2D-CPIO, TOC Tier 3, ED1 eligibility, AB 2097 parking relief, and Opportunity Zone benefits.
Executive Summary
1107 N Western Avenue is a three-story ±8,280-square-foot brick retail and office building located in East Hollywood, one block north of Santa Monica Boulevard. The property includes a ground-floor pharmacy tenant, two leased office suites, and two vacant office suites, with all tenants on month-to-month terms. Priced at $1,600,000, the asset offers in-place income, lease-up upside, and owner-user flexibility in a rapidly improving corridor near the Metro B Line, Hollywood studios, major hospitals, and new mixed-use development.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,280 SF
Building Class
C
Year Built
1936
Price
$1,600,000
Price Per SF
$193.24
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.76
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
C4 - [Q]C4-2D-CPIO
Frontage
32’ on N Western Ave
Amenities
- Bus Line
- Signage
- Signalized Intersection
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5536-011-003 | Improvements Assessment | $494,983 |
| Land Assessment | $239,503 | Total Assessment | $734,486 |
Property Taxes
Parcel Number
5536-011-003
Land Assessment
$239,503
Improvements Assessment
$494,983
Total Assessment
$734,486
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1107 N Western Ave