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    9124 Woodman Ave Los Angeles, CA 91331

    For Sale
    $4,150,000

    11,105 SF Shopping Center, 100% Leased

    Property size:
    11,105 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents Kagelwood Center, a 11,105-square-foot shopping center located at 9124 Woodman Ave, Los Angeles, CA 91331. The property boasts a strong 6.10% capitalization rate and a Net Operating Income (NOI) of $253,308, reflecting its excellent financial performance. Currently 100% occupied by five diverse tenants, including a laundromat, barber shop, dentist, pharmacy, and medical clinic, ensuring a stable income stream. Built in 1980, this single-story building sits on a desirable corner lot, providing excellent visibility and signage opportunities (pole and fascia signage available). The property benefits from its location in a high-traffic area within a state enterprise zone, near major freeways (118, 405, and 5) and prominent retailers such as Vallarta, CVS, WSS, Panda Express, Jack-in-the-Box, McDonald's, and Subway. The property is zoned P-1VL & C2-1VL, and its APN is 2642-030-021. The asking price is $4,150,000, translating to a price per square foot of $373.71. This is a triple-net (NNN) leased property, offering a low-maintenance investment with significant upside potential. The property's strong tenant mix, prime location, and high occupancy make it an attractive addition to any portfolio.

    Property Features for 9124 Woodman Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    11,105 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1
    Units
    5

    HighLights

    • Triple‑Net (NNN) Lease in Place
    • Located in a State Enterprise Zone
    • Corner Lot with High Visibility
    • Ample Signage Opportunities (Pole and Fascia)
    • Excellent Freeway Access (118, 405, & 5 Freeways)
    • Strong Retail Co‑Tenancy (Vallarta, CVS, WSS, and others)
    Property Profile Location Intelligence

    Current Use by Public Records

    TACOS LA FAMILIA Restaurant Tacos, Best In Town Taco Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -118.4407548
    Latitude
    34.2361612

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    FAQs

    What type of property is this?
    Lifestyle center - 11,105 SF Shopping Center, 100% Leased
    Where is this lifestyle center located?
    The property is located at 9124 Woodman Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,150,000.
    What are key features of this property?
    This property features: Triple-Net (NNN) Lease in Place; Located in a State Enterprise Zone; Corner Lot with High Visibility
    Request Owner's contact information
    9124 Woodman Ave Los Angeles, CA 91331
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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
    9124 Woodman Ave Los Angeles, CA 91331
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