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    7400 Western Ave Los Angeles, CA 90047

    Sponsored
    For Lease
    $27 SF/Yr ($4,500 /Mo)

    High-traffic storefront, multiple uses.

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Hyde Park retail property, located at 7400 S Western Ave (cross street 74th), offers a prime opportunity for businesses seeking high visibility and convenient access. The single-story, Class B building totals 2,000 square feet, with available spaces ranging from 400 to 700 square feet minimum. Currently configured as a smog station and auto repair shop, the space includes all existing build-outs and equipment. The C2 zoning allows for a wide variety of uses, making it ideal for adaptable businesses. Situated on a major thoroughfare with excellent signage opportunities and high traffic counts, this location benefits from proximity to major retailers like Home Depot and convenient public transportation access. The property is just one block south of Florence Avenue on Western Avenue, and only two miles from a significant new development project encompassing a new RAMS stadium, 3,000 residential units, 680,000 square feet of retail space, a luxury hotel, the Hollywood Park Casino, and a man-made lake. The property features 110-220 power. Taxes are $0 per square foot. Don't miss this chance to establish your business in a thriving and rapidly developing area.

    Property Features for 7400 Western Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF
    Class
    B
    Total Rate
    4500

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    400 SF
    Rate per SF
    $27

    HighLights

    • Retail property at 7400 S Western Ave, Hyde Park.
    • 2,000 SF building, Class B, single‑story, with 700 SF minimum divisible space.
    • Currently includes a smog station with all equipment and an auto repair space available for lease.
    • C2 zoning allows for multiple uses. High visibility on Western Ave with excellent signage opportunities and high traffic counts.
    • Located near major retailers (Home Depot) and public transportation. Close proximity to future development including the new RAMS stadium and Hollywood Park Casino.
    Property Profile Location Intelligence

    Current Use by Public Records

    Smogster Smog Check Smog Inspection Station Black Moon Collision ... Auto Body Shop Window Tint Z Window Tinting Service

    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
    -118.30885871587
    Latitude
    33.972780821633

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic storefront, multiple uses.
    Where is this individual retail property located?
    The property is located at 7400 Western Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: Retail property at 7400 S Western Ave, Hyde Park.; 2,000 SF building, Class B, single-story, with 700 SF minimum divisible space.; Currently includes a smog station with all equipment and an auto repair space available for lease.
    Request Owner's contact information
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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
    7400 Western Ave Los Angeles, CA 90047
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