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    4406-4414 S Western Ave Los Angeles, CA 90004

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    For Sale
    $3,100,000

    Mixed-use retail/office building on a signalized corner lot.

    Property size:
    11,016 SF

    Property Features for 4406-4414 S Western Ave

    General Information

    Size
    11,016 SF

    Building Details

    Year built
    1923

    Source: Michael Chang Agent Michael Chang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Koreatown Mixed-Use Investment Opportunity

    This mixed-use retail and office building is comprised of two structures situated on a signalized corner lot in Koreatown, Los Angeles. The property benefits from a location on a busy corridor with approximately 40,000 vehicles per day. The primary tenant is a regional mattress store with multiple locations across Los Angeles. The remaining tenant roster consists of local professionals and creatives occupying office suites throughout the second floor of the building, with an adjacent building rented out as an entertainment studio. The property offers investors the opportunity to capitalize on cash flow with rental upside, and/or occupy one or several units. The property has been under the same ownership for over 40 years and features masonry construction with curb appeal. An additional income stream is generated from a water machine. The property offers flexibility to reposition tenants with mostly short-term leases.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.30871
    Latitude
    34.00339

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    FAQs

    What type of property is this?
    Retail space - Mixed-use retail/office building on a signalized corner lot.
    Where is this retail space located?
    The property is located at 4406-4414 S Western Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - High-traffic location in Koreatown with approximately 40,000 vehicles per day; - Investment opportunity with a 6% CAP rate and approximately 20% rental upside; - Owner/User opportunity with flexibility to reposition tenants due to mostly short-term leases
    (626) 688-8864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4406-4414 S Western Ave Los Angeles, CA 90004
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