8852 Western Ave Los Angeles, CA 90047-3328
- Retail space
- 4,500 SF
- 0.14 lot acres
Current Use by Public Records
- Last Stop Lab Screen Printing / Grocery Store / Graphic Designer
Property Details for 8852 Western Ave
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 4,500 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 6037-024-052
- APU
- 6037024052
Description
This exceptional redevelopment opportunity presents a 4,500 square foot, multi-tenant convenience store complex in Los Angeles, CA. Located at 8852 S Western Ave, 90047, this C-Class property sits on a 6,001 square foot lot and boasts a 100% occupancy rate across its four units, each approximately 1,125 square feet. The property features individual bathrooms with showers in each unit, dual access points (front and alley), and six off-alley parking spaces. Built in 1947, the building benefits from a recently replaced roof (within the last two years). The property is zoned C2, offering significant redevelopment potential. Its prime location near Bank of America, Superior Market, and less than a mile from SoFi Stadium and Hollywood Park ensures high visibility and consistent foot traffic. The current tenants operate on a month-to-month lease basis. The asking price is $999,000, translating to $222 per square foot and $166 per square foot for land value. This is a perfect opportunity for an owner-user seeking a high-return investment in a bustling Los Angeles neighborhood. The adjacent building is also available for purchase. APN: 6073-024-052. Suitable for a 1031 exchange.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $260,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.309
- Latitude
- 33.957
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
