11251 S Western Ave | Los Angeles, CA 90047
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- LoopNet Team
11251 S Western Ave
Los Angeles, CA 90047
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Expiring Restaurant Lease – Church’s Chicken is vacating the premises in December of 2024, offering an immediate value-add opportunity
- Development or Owner-User Potential – The site offers the opportunity to redevelop the property or use the existing structure to bring in a new tenant
- Excellent Visibility & Access – Property contains several points of ingress/egress w/over 250 ft. of frontage combined on Imperial Hwy and Western Ave
- Below-Market Rents with Major Upside – The Tenant is currently paying a well below-market rent allowing for future upside in income potential
- Signalized Hard Corner with Significant Traffic - The Subject Property is situated on the busy signalized intersection of Imperial Hwy and Western Ave
- Major Commercial Corridor – The site is strategically located caddy corner to Los Angeles Southwest College (8,200 full-time students and 425 staff)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,122 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.39 AC
Zoning
CSLA-MXD-1 - CSLA-MXD-1 / Southwest LA West Athens-Westmont
Commercial, Retail, Restaurant, F&B, Medical Office, Dental, Pharmacy, Convenience, Churches, Schools
Parking
21 Spaces (4.04 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $139,378 | |
| Land Assessment | $543,607 | Total Assessment | $682,985 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$543,607
Improvements Assessment
$139,378
Total Assessment
$682,985
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