9600 S Western Ave, Los Angeles, CA 90047
Three-parcel corner assemblage with income potential in South Los Angeles.
- Added:
- Mar 5, 2026
- Days on Market:
- 114
- Last Refresh:
- Mar 16 at 2:55 pm
Property Features for 9600 S Western Ave
General Information
- Standard status
- Active
- Size
- 8,127 SF
- Lot size
- 0.56 Acres
- Property subtype
- Retail, Land
Listing office Maher Commercial Realty (310) 464-1453
Listing date Mar 5, 2026
Source Crexi
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 Maher Commercial Realty
HighLights
- TOC Tier 2 designation allows for significant residential development (98 units by right, over 100 under ED1) with no public hearing required.
- Existing improvements include a licensed preschool campus and church sanctuary, providing immediate income streams.
- Pro forma cap rate of approximately 6.97% based on estimated $146,434 annual net operating income.
- Strategic corner location on S. Western Avenue with high traffic volume (24,000 vehicles per day).
- Acquisition price of $258 per square foot for existing improvements is significantly below replacement cost.
- Vacant land parcel offers additional income potential from commercial uses.
Overview
Local 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 | $300.4k | $36.96 |
| − Vacancy | −$30.9k | −$3.81 |
| EGI | $269.4k | $33.15 |
| − OpEx | −$80.8k | −$9.95 |
| NOI | $188.6k | $23.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30881
- Latitude
- 33.94845