Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    3961 Western Ave Los Angeles, CA 90062

    Sponsored
    For Lease
    $42 SF/Yr ($3,500 /Mo)

    Prime South LA Retail, 1,000 SF Total

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional retail opportunity is located at 3961 S Western Ave, Los Angeles, CA 90062, at the intersection of Western Avenue and Leighton Avenue. The property consists of a 1,000 square foot retail space, currently divided into two available units. One space is an end-cap unit, previously a Caribbean restaurant, and the other is an elbow shop space. Both units are immediately available for lease. The property is part of a well-established shopping center with a diverse mix of food and service businesses, ensuring high foot traffic and visibility. Convenient on-site parking is accessible from Leighton Avenue, and prominent pole signage is available for increased brand awareness. The location benefits from its proximity to Martin Luther King Jr. Elementary School, providing a steady stream of potential customers. This is an ideal location for a variety of retail businesses seeking high visibility and a strong customer base in a thriving South Los Angeles neighborhood. The entire 1,000 square foot building is available, or the space can be leased as two separate units. This property offers a unique opportunity to establish a successful business in a high-traffic area with excellent visibility and ample parking.

    Property Features for 3961 Western Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    3500

    Unit(s) available at that property

    Space
    Former Tattoo Studio
    Size
    8,000 SF
    Rate per SF
    $42
    Space
    Former Caribbean Restaurant
    Size
    800 SF
    Rate per SF
    $42

    HighLights

    • 800 SF end‑cap restaurant space.
    • 800 SF retail shop space.
    • On‑site parking lot.
    • Pole signage available.
    • High‑visibility unit on busy Western Avenue.
    • Across from Martin Luther King Elementary School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -118.3090895
    Latitude
    34.0126248

    Nearby Similar for Lease

    • $4,512 /Mo
      2,139 SF

      Modern Office Space in San Pedro

      Modern office space for lease in the heart of San Pedro.
      858 W 9Th St, San Pedro, CA 90731
      View Details
    • Contact for pricing
      22,000 SF

      Creative Flex Space in Hollywood

      Reimagined creative flex space in the heart of Hollywood.
      5176 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • $18,856 /Mo
      12,036 SF

      Functional Warehouse with Office Space

      Secure Los Angeles warehouse with office, ample parking, and freeway access.
      215 W 134Th St, Los Angeles, CA 90061
      View Details
    • Contact for pricing
      8,688 SF

      Prime Medical/Office Space in Downtown

      8,688 SF medical/office space for lease in Little Tokyo.
      420 E 3Rd St, Los Angeles, CA 90013
      View Details
    • $8,750 /Mo
      1,634 SF

      Venice Creative Office/Live-Work Space

      Unique live/work space in vibrant Venice Beach near Abbot Kinney.
      215 Windward Ave, Venice, CA 90291
      View Details
    • Contact for pricing
      24,300 SF

      Reimagined Creative Flex Space

      Modernized creative flex space in a historic landmark building.
      941 E 2Nd St, Los Angeles, CA 90012
      View Details
    • $5,300 /Mo
      5,227 SF

      Versatile Mixed-Use Space in Los Angeles

      Mixed-use space ideal for various businesses in a dynamic location.
      1201 West Temple St, Los Angeles, CA 90026
      View Details
    • Contact for pricing
      10,000 SF

      Historic Office Building in Los Angeles

      Charming Spanish-style office building near Beverly Hills and Culver City.
      1436 S La Cienega Blvd, Los Angeles, CA 90035
      View Details
    • Contact for pricing
      5,683 SF

      Historic Los Angeles Religious Facility

      Historic religious facility suitable for redevelopment or educational purposes.
      1101 W Florence Ave, Los Angeles, CA 90044
      View Details
    • $3,500 /Mo
      1,480 SF

      Pacoima Mixed-Use Property For Lease

      Versatile 1480 sq ft mixed-use property in prime Pacoima location.
      10615 San Fernando Rd, Pacoima, CA 91331
      View Details
    • $7,200 /Mo
      2,627 SF

      Remodeled Office Space Sublease

      Remodeled office suite in iconic Woodland Hills Class A complex.
      6300 Canoga Ave 590, Woodland Hills, CA 91367
      View Details
    • $3,950 /Mo
      1,200 SF

      Los Angeles Warehouse with Gated Parking

      Turn-key warehouse with gated parking near downtown Los Angeles.
      3242 Fowler St, Los Angeles, CA 90063
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime South LA Retail, 1,000 SF Total
    Where is this retail property located?
    The property is located at 3961 Western Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: 800 SF end-cap restaurant space.; 800 SF retail shop space.; On-site parking lot.
    Request Owner's contact information
    3961 Western Ave Los Angeles, CA 90062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3961 Western Ave
    Los Angeles, CA 90062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3961 Western Ave Los Angeles, CA 90062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.