Retail
For Sale
Contact for pricing
901 South Western Avenue, Los Angeles, CA 90006
Retail space offering a substantial commercial footprint.
Property Size20,355 SF
Price / SF$687.79
Days on Market50
Property Features for 901 South Western Avenue
General Information
Standard status
Active
Size
20,355 SF
Property subtype
Retail, Special Purpose, Business for Sale
Listing Agency:
AIE Realty
Listed By:
James Seo · License #CA #01457864
Source:
Crexi
Added: Sep 1
Changed: Oct 4
Last Checked: Oct 19 at 4:06AM
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 AIE Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property contains 20,355 square feet at 901 South Western Avenue in Los Angeles, California. The asset is identified as retail space and is offered for sale.
Its address is 901 South Western Avenue, Los Angeles, CA 90006.
Its address is 901 South Western Avenue, Los Angeles, CA 90006.
Key Highlights
- 20,355‑square‑foot retail property
- Located at 901 South Western Avenue in Los Angeles, CA 90006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$472,382
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,447,640
$9.4M
Cap Rate 7%
$6,748,314
$6.7M
Cap Rate 9%
$5,248,689
$5.2M
Market Conditions
NOI Build-Up for 20,355 SF
Gross rent
$752.3K $36.96/SF
− Vacancy
−$77.5K −$3.81/SF
EGI
$674.8K $33.15/SF
− OpEx
−$202.4K −$9.95/SF
NOI
$472.4K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,447,640
Cap Rate 7%
$6,748,314
Cap Rate 9%
$5,248,689
Alternative Uses
Best Use
Retail
$6.75M
$5.90M – $7.87M
NOI $472,382 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$412.38M
$360.83M – $481.11M
NOI $28,866,606 @ 7.0% cap · market cap 206.19%
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
3,430
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - Retail space offering a substantial commercial footprint.
Where is this retail space located?
The property is located at 901 South Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 20,355‑square‑foot retail property; Located at 901 South Western Avenue in Los Angeles, CA 90006
