Remodeled Shopping Center Corner
5400 S Western Ave Los Angeles, CA 90062
5400 S Western Ave, Los Angeles, CA, 90062
Contact for pricing
For Sale
Contact for pricing
Newly remodeled retail shopping center with seven flexible units on a signalized corner lot.
Property Size8,000 SF
Price / SF$368.75
Days on Market123
Property Features for 5400 S Western Ave
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Property subtype
- Industrial, Office, Retail, Special Purpose
Building Details
- Year Built
- 1927
Listing agency
Keller Williams Realty Westside
(424) 313-2744
Listed by
Shahram Shamounpour · License #CA 02122389
Source
Crexi
Added: Mar 23 Updated: Jul 22 at 9:41PM Checked: Jul 22 at 9:41PM
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 Keller Williams Realty Westside
Investment Insights
Based on property information with market context.
A newly remodeled retail shopping center (2025) offering seven individual units for lease. The available spaces range in size and include a prominent corner unit with a mezzanine. Interiors feature high ceilings and modern finishes, complemented by a state-of-the-art security camera system. Two rear storage units are also available for additional rent.
The property is located on a signalized, hard-corner lot and is described as having high exposure along Western Avenue with consistent pedestrian and vehicular traffic throughout the day.
Tenants can choose from a flexible mix of retail and service-oriented layouts suitable for a range of operating needs, with on-site configurations supported by the center’s updated 2025 renovation and modernized building systems.
The property is located on a signalized, hard-corner lot and is described as having high exposure along Western Avenue with consistent pedestrian and vehicular traffic throughout the day.
Tenants can choose from a flexible mix of retail and service-oriented layouts suitable for a range of operating needs, with on-site configurations supported by the center’s updated 2025 renovation and modernized building systems.
Key Highlights
- Seven retail units in a newly remodeled (2025) shopping center on a signalized, hard‑corner lot on Western Avenue
- Unit sizes range from 1,000 to 10,000 SF, including a prominent corner store with a mezzanine
- Flexible layouts suitable for retail, office, food & beverage, medical, fitness, and service businesses
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $311.0k | $38.88 |
| − Vacancy | −$57.9k | −$7.23 |
| EGI | $253.2k | $31.65 |
| − OpEx | −$63.3k | −$7.91 |
| NOI | $189.9k | $23.74 |
8,000 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.71M
$2.37M – $3.16M
NOI $189,890 @ 7.0% cap · market cap 6.44%
Second Best
Retail
$2.65M
$2.32M – $3.09M
NOI $185,657 @ 7.0% cap · market cap 6.29%
Theoretical Best
Multifamily LT 5
$162.08M
$141.82M – $189.09M
NOI $11,345,264 @ 7.0% cap · market cap 384.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A Plus Superior Moving ...
Moving Company
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FAQs
What type of property is this?
Shopping center - Newly remodeled retail shopping center with seven flexible units on a signalized corner lot.
Where is this shopping center located?
The property is located at 5400 S Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Seven retail units in a newly remodeled (2025) shopping center on a signalized, hard‑corner lot on Western Avenue; Unit sizes range from 1,000 to 10,000 SF, including a prominent corner store with a mezzanine; Flexible layouts suitable for retail, office, food & beverage, medical, fitness, and service businesses
