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4417 S Western Ave 720 SF 100% Leased Retail Building Los Angeles, CA 90062 $559,000 ($776.39/SF)
Investment Highlights
- Located along the heavily traveled Western Avenue corridor.
- Arguably nicest structure in neighborhood
- Pylon signage provides visibility from the street.
- Extensive open lot space
- Private on-site parking supports customer and employee access.
- Accessible to regional transit and major Los Angeles destinations.
Executive Summary
Prime investment opportunity. Tenant has invested and planned for long-term use.
Located by the corner of a major intersection, this 6970 sq. ft. lot comes with an existing tenant occupying a renovated 720 sq. ft. structure that has been presented as a prepared foods venue. Sizeable parking lot.
Located by the corner of a major intersection, this 6970 sq. ft. lot comes with an existing tenant occupying a renovated 720 sq. ft. structure that has been presented as a prepared foods venue. Sizeable parking lot.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
720 SF
Building Class
C
Year Built
1963
Price
$559,000
Price Per SF
$776.39
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
LAC2 - Commercial
Parking
20 Spaces (27.78 Spaces per 1,000 SF Leased)
Frontage
53’ on Western Ave
Amenities
- Pylon Sign
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5016-005-002 | Improvements Assessment | $30,449 |
| Land Assessment | $77,259 | Total Assessment | $107,708 |
Property Taxes
Parcel Number
5016-005-002
Land Assessment
$77,259
Improvements Assessment
$30,449
Total Assessment
$107,708
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