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Mixed-Use Building on Western Ave

10817 S Western Ave Los Angeles, CA 90047

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Two-story mixed-use building, ideal for owner-user or value-add investor.

Type:Retail, Multifamily, Office, Mixed Use
Property size:
3,549 SF
Lot size:
0.14 Acres
Price / SF:
$366.02/SF
Added:
May 14, 2026
Days on Market:
62
Last Refresh:
Jul 4 at 4:33 am

Property Features for 10817 S Western Ave

General Information

Standard status
Active
Size
3,549 SF
Lot size
0.14 Acres
Property subtype
Retail, Multifamily, Office, Mixed Use

Listing office COMMERCIAL BROKERS INTERNATIONAL

Listing date May 14, 2026

Source Crexi

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 COMMERCIAL BROKERS INTERNATIONAL


Investment Insights

Based on property information with market context.

The property is a 3,549 square foot two-story mixed-use building situated on a 6,250 square foot lot with alley access. It is suitable for an owner-user or a value-add investor. The ground floor previously operated as a laundromat and includes existing equipment and vendor machines. The business ceased operations in February 2026. The condition of the equipment varies, presenting an opportunity to repair, replace, or repurpose the space for alternative retail or service use. The second floor features an office/residential unit that is currently leased month-to-month at $1,900 per month, providing in-place income and flexibility. The property is offered as a value-add or redevelopment opportunity and is not being marketed as a stabilized cap rate investment.

Key Highlights

  • Mixed‑use building offering commercial and residential possibilities.
  • Value‑add or redevelopment opportunity to maximize potential.
  • Ground floor features a former laundromat with existing equipment.

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 $131.2k $36.96
− Vacancy −$13.5k −$3.81
EGI $117.7k $33.15
− OpEx −$35.3k −$9.95
NOI $82.4k $23.21
3,549 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,362 @ 7.0% cap · market cap 6.34%
Second Best
Mixed Use
$1.03M
$898.3K – $1.20M (±1% cap)
NOI $71,867 @ 7.0% cap · market cap 5.53%
Theoretical Best
Multifamily LT 5
$71.90M
$62.91M – $83.88M (±1% cap)
NOI $5,033,043 @ 7.0% cap · market cap 387.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Pharmacy HVAC Service Restaurant Skin Care Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Two-story mixed-use building, ideal for owner-user or value-add investor.
Where is this mixed-use property located?
The property is located at 10817 S Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Mixed‑use building offering commercial and residential possibilities.; Value‑add or redevelopment opportunity to maximize potential.; **Ground floor features a former laundromat with existing equipment.**
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