Street-Facing Retail and Rear
10015 South Western Avenue Los Angeles, CA 90047
10015 South Western Avenue, Los Angeles, CA, 90047
$799,990
For Sale
$799,990
Mixed-use LAC2 property with a street-facing storefront and two rear 1-bedroom, 1-bath residential units.
Property Size1,777 SF
Price / SF$450.19
Days on Market11
Property Features for 10015 South Western Avenue
General Information
- Standard status
- Active
- Size
- 1,777 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1953
Listing agency
Keller Williams Pacific Estates
(562) 912-0359
Listed by
Rigoberto Barraza · License #01735683
(562) 912-0359
Source
Compass
Added: Jul 12 Updated: Jul 21 at 7:53PM Checked: Jul 21 at 7:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Pacific Estates
Investment Insights
Based on property information with market context.
Located at 10015 South Western Avenue in Los Angeles, this LAC2-zoned mixed-use property combines a street-facing commercial storefront with two separate 1-bedroom, 1-bath residential units positioned in the rear.
The current setup supports diversified income, with retail at the front and residential units behind. The property is described as being on a high-traffic commercial corridor, with visibility and exposure from Western Avenue. Convenient freeway access is noted, and the location is stated to be near SoFi Stadium, Intuit Dome, and LAX.
For investors, the offering is presented as a value-add opportunity based on current income and the potential to adjust rents, reposition the asset, or optimize operations to improve returns. It is also described as suitable for an owner-user seeking residential rental income to help offset occupancy costs.
The current setup supports diversified income, with retail at the front and residential units behind. The property is described as being on a high-traffic commercial corridor, with visibility and exposure from Western Avenue. Convenient freeway access is noted, and the location is stated to be near SoFi Stadium, Intuit Dome, and LAX.
For investors, the offering is presented as a value-add opportunity based on current income and the potential to adjust rents, reposition the asset, or optimize operations to improve returns. It is also described as suitable for an owner-user seeking residential rental income to help offset occupancy costs.
Key Highlights
- 1953‑built mixed‑use property on Western Avenue with a street‑facing commercial storefront plus two rear 1‑bed, 1‑bath units
- LAC2 zoning for mixed‑use residential and commercial use
- Two separate residential units in the rear: 1‑bedroom, 1‑bath each
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.7k | $36.96 |
| − Vacancy | −$6.8k | −$3.81 |
| EGI | $58.9k | $33.15 |
| − OpEx | −$17.7k | −$9.95 |
| NOI | $41.2k | $23.21 |
1,777 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$36.00M
$31.50M – $42.00M
NOI $2,520,067 @ 7.0% cap · market cap 315.01%
Second Best
Apartment 5plus
$31.42M
$27.49M – $36.65M
NOI $2,199,134 @ 7.0% cap · market cap 274.90%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use LAC2 property with a street-facing storefront and two rear 1-bedroom, 1-bath residential units.
Where is this mixed-use property located?
The property is located at 10015 South Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,990.
What are key features of this property?
This property features: 1953‑built mixed‑use property on Western Avenue with a street‑facing commercial storefront plus two rear 1‑bed, 1‑bath units; LAC2 zoning for mixed‑use residential and commercial use; Two separate residential units in the rear: 1‑bedroom, 1‑bath each
