Mixed-Use Building with Retail
4813 South Western Avenue, Los Angeles, CA 90062
For Sale
$2,495,000
Two-level property combines storefront space, apartments, rear warehouse area, and on-site parking.
Property Size11,528 SF
Price / SF$216.43
Days on Market566
Property Features for 4813 South Western Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Pinnacle Real Estate Group
Listed By:
WEN-FEN HSU · License #00924455
(626) 487-1035
Source:
Compass
Added: Apr 22, 2025
Changed: Nov 5
Last Checked: Nov 6 at 11:22AM
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 Pinnacle Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 11,528-square-foot mixed-use building was constructed in 1923 and includes five retail units on the ground floor with seven residential units above. The residential mix consists of three single units and four one-bedroom, one-bathroom apartments. A rear warehouse measuring approximately 1,800 SF adds additional commercial space and is fully occupied by tenants.
The property is positioned along Western Avenue in Los Angeles, with parking spaces located behind the building. Its central location provides access to BMO Stadium, the Natural History Museum, Hollywood, Downtown Los Angeles, Beverly Hills, the Santa Monica Pier, and area beaches.
The property is positioned along Western Avenue in Los Angeles, with parking spaces located behind the building. Its central location provides access to BMO Stadium, the Natural History Museum, Hollywood, Downtown Los Angeles, Beverly Hills, the Santa Monica Pier, and area beaches.
Key Highlights
- 11,528 SF mixed‑use building constructed in 1923
- Five retail units occupy the first floor
- Seven residential units: three singles and four one‑bedroom/one‑bathroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,895
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,477,900
$3.5M
Cap Rate 7%
$2,484,214
$2.5M
Cap Rate 9%
$1,932,167
$1.9M
Market Conditions
NOI Build-Up for 11,528 SF
Gross rent
$218.6K $18.96/SF
− Vacancy
−$14.0K −$1.21/SF
EGI
$204.6K $17.75/SF
− OpEx
−$30.7K −$2.66/SF
NOI
$173.9K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,477,900
Cap Rate 7%
$2,484,214
Cap Rate 9%
$1,932,167
Alternative Uses
Best Use
Apartment 5plus
$203.81M
$178.33M – $237.78M
NOI $14,266,523 @ 7.0% cap · market cap 571.80%
Second Best
Retail
$3.82M
$3.34M – $4.46M
NOI $267,532 @ 7.0% cap · market cap 10.72%
Theoretical Best
Multifamily LT 5
$233.55M
$204.36M – $272.48M
NOI $16,348,525 @ 7.0% cap · market cap 655.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles, CA
Properties on Market for Mixed-use properties in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines storefront space, apartments, rear warehouse area, and on-site parking.
Where is this mixed-use property located?
The property is located at 4813 South Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 11,528 SF mixed‑use building constructed in 1923; Five retail units occupy the first floor; Seven residential units: three singles and four one‑bedroom/one‑bathroom apartments
