6006 S Western Ave 5,700 SF Industrial Building Los Angeles, CA 90047 $2,350,000 ($412.28/SF) 9.91% Cap Rate

6006 S Western Avenue is an exceptional opportunity to acquire a two-parcel industrial property located along the highly visible Western Avenue corridor in Los Angeles. Zoned multi-tenant commercial, this well-maintained asset sits on approximately 14,401 square feet of land and features a 5,700-square-foot single-story building divided into two units, offering stable income and long-term investment security.

A reputable nonprofit organization, Fair Opportunity for Change Inc., fully occupies the property. The tenant has demonstrated strong occupancy history, having been in place since 2019, and has recently renewed its lease for an additional five years, commencing October 1, 2025, and extending through September 30, 2030. This long-term lease renewal underscores the tenant’s commitment to the location and provides reliable, ongoing income for the next investor.

Fair Opportunity for Change Inc. is a nonprofit 501(c)(3) organization that has been proudly serving South Los Angeles since 2012. Their mission is to provide safe, stable interim housing and comprehensive supportive services to individuals experiencing homelessness, with a focus on dignity, empowerment, and long-term stability. The organization's primary funding and referrals come from the County of Los Angeles. Through this partnership, it provides essential services that meet both the immediate and long-term needs of clients.

This Los Angeles location can serve up to 45 clients at a time. Fair Opportunity for Change Inc. maintains a dedicated team of approximately 10 to 12 on-site staff members at any given time. The multidisciplinary team includes case managers and support staff, ensuring that clients receive both personalized care and professional support. Key elements of daily operations include providing three nutritious meals a day, maintaining a clean and safe living environment, delivering case management and supportive services, and offering referrals to additional community-based resources. The staff also assists clients in working toward permanent housing, employment readiness, and improved overall well-being.

Nestled in South Los Angeles, this offering is in a bustling downtown area with tons of retailers and dining establishments. The property also has easy access to Interstates 110 and 105, which route into Downtown Los Angeles and Los Angeles International Airport (LAX). This unique investment combines secure tenancy, steady income, and a prime location, making it an outstanding choice for investors seeking both stability and community impact.