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    7314 Western Ave Los Angeles, CA 90047

    Sponsored
    For Sale
    $2,725,000

    Prime Location, High-Demand Investment

    Property size:
    9,914 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Los Angeles property, located at 7314 S Western Ave, 90047, presents a compelling investment opportunity. The 9,914 square foot building, constructed in 1948 on an 8,267 square foot lot, is zoned LAC2, allowing for a wide variety of uses. Currently vacant, this two-story structure offers significant potential for renovation and customization. Features include a ground-level 12'x10' loading door, a 13-foot clear height, and approximately 3,164 square feet of office space, including a mezzanine area ideal for overseeing warehouse operations. The property boasts 200 AMP/240 Volt 3-wire 1-phase power. Its strategic location provides easy access to major freeways (10, 105, 110, and 405), making it highly attractive for businesses requiring convenient transportation links. The asking price is $2,725,000, translating to $274.86 per square foot. This owner/user opportunity is perfect for those seeking a versatile and well-situated commercial space in a thriving Los Angeles market. The property's single tenancy and substantial size make it an ideal investment for a variety of businesses. This is a rare chance to acquire a significant property in a high-demand area with excellent potential for future growth and profitability.

    Property Features for 7314 Western Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,914 SF

    Building Details

    Year Built
    1948
    Stories
    2

    HighLights

    • 13' clear height.
    • Excellent freeway access via the 105, 110, 405, and 10 freeways.
    • Ideal owner‑user opportunity.
    • 200 AMP, 240‑volt, 3‑wire, 1‑phase power.
    • 12' x 10' ground‑level loading door.
    • Approximately 3,164 square feet of office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -118.3086306
    Latitude
    33.9731898

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    FAQs

    What type of property is this?
    Individual retail property - Prime Location, High-Demand Investment
    Where is this individual retail property located?
    The property is located at 7314 Western Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,725,000.
    What are key features of this property?
    This property features: 13' clear height.; Excellent freeway access via the 105, 110, 405, and 10 freeways.; Ideal owner-user opportunity.
    Request Owner's contact information
    7314 Western Ave Los Angeles, CA 90047
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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
    7314 Western Ave Los Angeles, CA 90047
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