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7630-7632 S Western Ave 1,065 SF 100% Leased Retail Building Los Angeles, CA 90047 $495,000 ($464.79/SF)
Investment Highlights
- Situated along an active commercial corridor.
- Separate entrances for each unit.
- Located in a densely populated urban area.
- Features two individual storefronts.
- A gated rear yard provides additional usable space.
- Offers convenient access to multiple regional freeways.
Executive Summary
7630-7632 S. Western Avenue presents an opportunity to acquire a freestanding, two-unit retail building along an active South Los Angeles commercial corridor. The approximately 1,125-square-foot building is situated on an approximately 2,750-square-foot lot. The property features two individual storefronts, separate entrances, and approximately 25 feet of frontage on S. Western Avenue. A gated rear yard provides additional usable space and operational flexibility.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,065 SF
Building Class
C
Year Built
1951
Price
$495,000
Price Per SF
$464.79
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.06 AC
Zoning
C2-1VL-SP - Commercial
C1.5 Uses; Retail w/ Limited
Manufacturing, Service Stations
and Garages, Retail Contr.
Business, Churches, Schools, Auto
Sales, R4 Us
Frontage
25’ on S. Western Avenue
Amenities
- Fenced Lot
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6018-017-009 | Improvements Assessment | $72,505 |
| Land Assessment | $334,654 | Total Assessment | $407,159 |
Property Taxes
Parcel Number
6018-017-009
Land Assessment
$334,654
Improvements Assessment
$72,505
Total Assessment
$407,159
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