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Three-Story Mixed-Use Building
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1107 N Western Ave, Los Angeles, CA 90029

Brick commercial building combines a pharmacy-occupied ground floor with flexible office space above.

Property Size8,280 SF
Price / SF$193.24
Days on Market70

Property Features for 1107 N Western Ave

General Information

Standard status Active
Size 8,280 SF
Property subtype Retail, Office, Mixed Use
Zoning [Q]C4-2D-CPIO
Occupancy 60%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $45,600

Financials

Asking Price $1,600,000
Opportunity Zone Yes

Additional Details

Public Transit Yes
Office Units 4

Building Details

Year Built 1924
Buildings 1
Stories 3
Units 5
Tenancy Multi
Building Size 8,280 SF
Construction brick
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Iman Mossanen · License #CA 01978006
Source: Crexi
Added: Jun 22 Changed: Aug 30 Last Checked: Aug 30 at 2:29AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

Built in 1924, this three-story brick mixed-use property contains approximately 8,280 square feet. A pharmacy and medical-supply tenant occupies the ground level, while the two upper floors provide creative office space with two leased suites and two vacant suites available for lease-up or owner occupancy. All tenancies are month-to-month.

The property is positioned one block north of Santa Monica Boulevard and Western Avenue on a heavily traveled commercial corridor with more than 43,000 vehicles passing daily. The Metro B Line station at Hollywood and Western is within a half mile. Zoning is [Q]C4-2D-CPIO, with Tier 3 Transit Oriented Communities standing, ED 1 eligibility, and federal Opportunity Zone benefits.

Key Highlights

  • Approximately 8,280 square feet in a three‑story brick building
  • Ground‑floor pharmacy and medical‑supply tenancy
  • Two upper creative office floors with two leased and two vacant suites

Property Analytics

Current Use

Grupo AA 17 ... Social Service Agency Smith's Pharmacy Inc Pharmacy

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

4
Office units

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building combines a pharmacy-occupied ground floor with flexible office space above.
Where is this mixed-use property located?
The property is located at 1107 N Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 8,280 square feet in a three‑story brick building; Ground‑floor pharmacy and medical‑supply tenancy; Two upper creative office floors with two leased and two vacant suites
More about this property
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