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607 S Western Ave 28,852 SF Retail Building Los Angeles, CA 90005 $7,000,000 ($242.62/SF)
Investment Highlights
- Excellent Visibility
- Great Foot Traffic
- Well-Maintained Property
- Close to Retail/Restaurants
Executive Summary
66.7% occupied. Well-maintained building generating excellent revenue in a prime location. Second floor has two units that are vacant. First floor is currently a restaurant/bar/lounge, and third floor is a dance studio. Heavy foot traffic on a busy street with incredible walkability. Next door to CGV mall, walking distance to the Wiltern theater, Solair luxury high-rise, restaurants, shops, and metro station.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
28,852 SF
Building Class
C
Year Built/Renovated
1931/2016
Price
$7,000,000
Price Per SF
$242.62
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.76
Lot Size
0.24 AC
Zoning
C2 - Commercial, C2
Frontage
15’ on S Western Ave
Amenities
- Fenced Lot
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5503-031-006 | Improvements Assessment | $1,391,505 |
| Land Assessment | $2,512,110 | Total Assessment | $3,903,615 |
Property Taxes
Parcel Number
5503-031-006
Land Assessment
$2,512,110
Improvements Assessment
$1,391,505
Total Assessment
$3,903,615
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Christie's RE SoCal
607 S Western Ave
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