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Retail Development Site with Opportunity Zone
For Sale
Contact for pricing
Pending

1107-1117 N Western Avenue, Los Angeles, CA 90029

15,280-square-foot building envelope on a 17,998-square-foot site in an Opportunity Zone with favorable LAC4 and TOC zoning.

Property Size15,280 SF
Lot Size0.41 Acres
Days on Market148

Property Features for 1107-1117 N Western Avenue

General Information

Standard status Pending
Size 15,280 SF
Lot size 0.41 Acres
Property subtype Retail, Land, Mixed Use
Zoning LAC4

Additional Details

Opportunity Zone Yes

Building Details

Tenancy Multi
Listing Agency: Kidder Matthews
Listed By: Elizabeth Clark · License #CA 01811246
Source: Crexi
Added: Apr 11 Changed: Aug 16 Last Checked: Sep 3 at 10:34AM

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 Kidder Matthews

Investment Insights

Based on property information with market context.

The property includes a 15,280-square-foot building envelope on 17,998 square feet of land at 1107-1117 N. Western Avenue. The site is currently operated with multiple tenants, with all but one tenant on month-to-month leases, offering flexibility for new ownership to refresh the site.

The property sits within the Opportunity Zone. Zoning is listed as LAC4 with Tier 3 TOC, which provides for a density bonus of up to 77 potential units, subject to applicable approvals.

As the exclusive agents for 1105-1109 N Western Avenue, Compass Commercial is offering this site for sale with zoning support for expanded density while the existing tenancy remains in place through month-to-month terms.

Key Highlights

  • 15,280‑square‑foot building envelope on a 17,998‑square‑foot land site
  • Located within an Opportunity Zone
  • Zoned LAC4 and Tier 3 TOC, allowing a density bonus up to 77 potential units

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Adult Day Care Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,326
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 15,280-square-foot building envelope on a 17,998-square-foot site in an Opportunity Zone with favorable LAC4 and TOC zoning.
Where is this retail space located?
The property is located at 1107-1117 N Western Avenue Los Angeles, CA.
What are key features of this property?
This property features: 15,280‑square‑foot building envelope on a 17,998‑square‑foot land site; Located within an Opportunity Zone; Zoned LAC4 and Tier 3 TOC, allowing a density bonus up to 77 potential units
(424) 653-1820 Call to check price and availability
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