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9318 S Western Ave Los Angeles, CA 90047

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For Sale
$919,900

Mixed-use property with four apartments and two commercial storefronts.

Lot size:
0.14 Acres

Property Features for 9318 S Western Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1947

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Listing Contact
Federico Di Ninni
Source: Elliman

Listing Agent: Federico Di Ninni

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

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Overview

Mixed-Use Investment with Upside Potential

This mixed-use investment property features four 1-bedroom residential units situated above two commercial storefronts. Each apartment includes a private garage, presenting the possibility of converting two garages into additional Accessory Dwelling Units (ADUs), pending city approval. The building provides 6,268 square feet of mixed-use space and is located within an LAC2 zoning area. The property is separately metered for gas and electricity. The residential units are currently tenant-occupied, offering potential for income growth based on prevailing area rents. The property is suitable for Small Business Administration (SBA) financing, offering business owners the opportunity to occupy a commercial unit. The commercial spaces are currently occupied, providing street-level income, and offer flexibility for a new owner to establish a business. The property is located near Western Avenue and 93rd Street, offering visibility, transit access, and local commercial activity.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.30881
Latitude
33.95145

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with four apartments and two commercial storefronts.
Where is this mixed-use property located?
The property is located at 9318 S Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $919,900.
What are key features of this property?
This property features: - Mixed-use property featuring four 1-bedroom apartments and two commercial storefronts.; - Each apartment includes a private garage with ADU conversion potential.; - Favorable LAC2 zoning and 6,268 sq ft of mixed-use space.
More about this property
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