Freestanding Building on Western
9326 S Western Ave Los Angeles, CA 90047
For Sale
$749,000
Versatile commercial building in South Los Angeles with development potential.
Property Size1,224 SF
Lot Size0.15 Acres
Price / SF$611.93
Days on Market97
Property Features for 9326 S Western Ave
General Information
Standard status
Active
Size
1,224 SF
Lot size
0.15 Acres
Property subtype
Commercial
Building Details
Year Built
1957
Listing Agency:
Baltayan Realty
(818) 642-2030
Listed By:
Avo Baltayan · License #00965749
(818) 642-2030
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 2:07PM
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 Baltayan Realty
Investment Insights
Based on property information with market context.
This commercial building offers strong visibility along the Western Avenue corridor. The property features an approximately 1,224 square foot, one-story freestanding building situated on a ±0.15-acre street-to-street lot, providing access from both Western Avenue and the rear street. This characteristic enhances accessibility, parking flexibility, and future development potential. The site offers approximately 42 feet of frontage and is zoned LAC2, allowing for a variety of retail, service, or office uses. The property includes approximately 8 fenced on-site parking spaces. It is well-suited for an owner-user or investor. Positioned within a dense residential neighborhood with steady foot and vehicle traffic, the location provides convenient access to public transportation and major arterials. This is an excellent opportunity to acquire a versatile commercial asset in South Los Angeles. The location has a bike score of 45, indicating it is somewhat bikeable, a walk score of 52, indicating it is somewhat walkable, and a transit score of 59, indicating good transit.
Key Highlights
- High‑visibility location on Western Avenue corridor.
- Street‑to‑street lot providing access from both Western Avenue and the rear street.
- LAC2 zoning allows for a variety of retail, service, or office uses (buyer to verify).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $36.96 |
| − Vacancy | −$4.7k | −$3.81 |
| EGI | $40.6k | $33.15 |
| − OpEx | −$12.2k | −$9.95 |
| NOI | $28.4k | $23.21 |
1,224 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$405.8K
$355.1K – $473.4K
NOI $28,406 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$24.80M
$21.70M – $28.93M
NOI $1,735,825 @ 7.0% cap · market cap 231.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- CreateCrave — 1408 W 87th St, Los Angeles, CA 90047
- Bomb Flower — 8945 S Western Ave, Los Angeles, CA 90047
- People Collective, Inc. — 8930 s western ave, los angeles, ca 90047
Frequently Asked Questions
What type of property is this?
Storefront property - Versatile commercial building in South Los Angeles with development potential.
Where is this storefront property located?
The property is located at 9326 S Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: High‑visibility location on Western Avenue corridor.; Street‑to‑street lot providing access from both Western Avenue and the rear street.; LAC2 zoning allows for a variety of retail, service, or office uses (buyer to verify).
