8905 Western Ave Los Angeles, CA 90047
Sponsored
High-Traffic Retail Building, 4,390 SF
Property size:
4,390 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 393
Property Features for 8905 Western Ave
General Information
- Property type
- Individual retail properties
- Square Feet
- 4,390 SF
- Class
- C
Building Details
- Year Built
- 1948
- Buildings
- 1
- Stories
- 2
- Units
- 4
HighLights
- $780,000 asking price for a 4,390 SF retail storefront in Los Angeles, CA.
- Value‑add opportunity with a 7.88% pro‑forma cap rate and $61,450 pro‑forma NOI.
- 100% occupancy across four units (three retail, one residential), all month‑to‑month leases at 50% below market rent.
- Secure gated lot with on‑site parking and roll‑up doors.
- High visibility location with 50 feet of frontage on Western Avenue, experiencing over 30,000 vehicles daily.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30906395262
- Latitude
- 33.956069558573
Nearby Similar for Sale
FAQs
What type of property is this?
Individual retail property - High-Traffic Retail Building, 4,390 SF
Where is this individual retail property located?
The property is located at 8905 Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: $780,000 asking price for a 4,390 SF retail storefront in Los Angeles, CA.; Value-add opportunity with a 7.88% pro-forma cap rate and $61,450 pro-forma NOI.; 100% occupancy across four units (three retail, one residential), all month-to-month leases at 50% below market rent.
