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    7024 S Western Ave Los Angeles, CA 90047

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    For Sale
    $900,000

    Two units offering versatile office or retail opportunities in prime location.

    Lot size:
    0.15 Acres

    Property Features for 7024 S Western Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1926

    Source: Jerold Crawford Agent Jerol Crawford

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

    Overview

    Flexible Office or Retail Space

    This property offers a versatile opportunity for office or retail use, featuring approximately 2,880 square feet of flexible space divided between two separate units. Situated on a 6,540 square foot lot, the property includes convenient off-street parking. Currently, one unit is tenant-occupied, but both units can be delivered vacant at closing. This property is suitable for investors, owner-users, or creative entrepreneurs, offering possibilities such as a dual-business setup, an owner-occupied space with rental income, or a complete redevelopment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Donald's Private Boutique Boutique

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market 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
    -118.3088
    Latitude
    33.97551

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    FAQs

    What type of property is this?
    Office space - Two units offering versatile office or retail opportunities in prime location.
    Where is this office space located?
    The property is located at 7024 S Western Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime location suitable for office or retail use; - Two separate units offering flexible usage options; - Total of 2,880 SF of space
    (310) 542-0551
    Request Owner's contact information
    7024 S Western Ave Los Angeles, CA 90047
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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
    7024 S Western Ave Los Angeles, CA 90047
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