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    1700 Western Ave Los Angeles, CA 90006

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Los Angeles Retail Space Available

    Lot size:
    24,055 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 1700 S Western Ave, Los Angeles, CA 90006, at the cross streets of Western Ave and 18th St. The property, known as Western Square, is a multi-tenant strip center and storefront retail space totaling 24,055 square feet, with 3,600 square feet currently vacant. The available space comprises 1,600 square feet and is in shell condition, offering significant flexibility for tenant build-out and customization to suit diverse retail needs. The property's C2 zoning allows for a wide range of commercial uses. Its location in Los Angeles County, within the vibrant Los Angeles market, provides excellent visibility and accessibility. The property's APN is 5074-014-043. This presents a unique chance to establish a business in a high-traffic area with considerable potential for growth and success. The property's design and layout are conducive to a variety of retail concepts, making it an attractive option for businesses seeking a prominent location in a bustling commercial district. The available space offers a blank canvas for creating a customized retail environment. This is an excellent opportunity to secure a prime retail location in a thriving Los Angeles neighborhood.

    Property Features for 1700 Western Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,055 SF
    Total Rate
    42096.25

    Unit(s) available at that property

    Space
    Unit 1726
    Size
    1,600 SF
    Rate per SF
    $21

    HighLights

    • Last available 2,000 SF shell space.
    • Prime Pico‑Union location.
    • Abundant parking.
    • Highly customizable interior.
    • Ideal for business expansion or relocation.
    • High‑traffic Western Avenue location, two blocks from I‑10.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Happy Tacos Mexican Restaurant Winchell's Donut House Donut Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -118.3088656
    Latitude
    34.0424966

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Los Angeles Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1700 Western Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Last available 2,000 SF shell space.; Prime Pico-Union location.; Abundant parking.
    Request Owner's contact information
    1700 Western Ave Los Angeles, CA 90006
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    Los Angeles, CA 90006
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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
    1700 Western Ave Los Angeles, CA 90006
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