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    4376 Western Ave Los Angeles, CA 90062

    For Lease
    $21 SF/Yr ($11,702 /Mo)

    Three suites available, 549-839 sq ft

    Lot size:
    6,430 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 4376 S Western Avenue in Los Angeles, CA 90062, presents a unique investment opportunity. The two-story, 6,430 square foot shopping center sits on a 9,400 square foot lot and boasts a desirable location within Los Angeles County. Built in 1991, the property is zoned LA C2-2D-CPIO and features ample parking with 18 spaces available for customers and tenants. The building is comprised of three individual suites, offering flexibility for various retail businesses. Currently, there is 1,992 square feet of vacant space available for lease, with suites ranging from a minimum of 549 square feet to a maximum contiguous space of 839 square feet. This presents an ideal opportunity for businesses seeking a well-located space in a thriving area. The property's APN is 5021-024-040. This versatile property is perfect for a variety of retail uses and offers significant potential for growth and profitability. Don't miss this chance to secure a prime retail location in a high-traffic area of Los Angeles.

    Property Features for 4376 Western Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,430 SF
    Total Rate
    11702.6

    Building Details

    Year Built
    1991
    Stories
    2

    Unit(s) available at that property

    Space
    Unit B
    Size
    549 SF
    Rate per SF
    $32
    Space
    Unit D
    Size
    839 SF
    Rate per SF
    $22
    Space
    Unit H
    Size
    604 SF
    Rate per SF
    $21

    HighLights

    • Three units available in a two‑story, 6,430 SF shopping center.
    • Two ground floor retail units and one second‑floor office space.
    • Ample shared surface parking in a gated lot with 18 spaces.
    • High‑traffic location at the intersection of Western and Vernon Avenues.
    • 116' frontage on Western Avenue and 94' on Vernon Avenue.
    • Conveniently located 1.33 miles west of the Harbor (110) Freeway and 2.25 miles south of the Santa Monica (I‑10) Freeway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HG TOBACCO MART Tobacco Shop Alcohólicos anónimos grupo ... Alcoholism Treatment Program Precision Garage Door ... Garage Door Supplier T&T Golden Nails Nail Salon African Hair Braiding Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -118.308542
    Latitude
    34.0039929

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    FAQs

    What type of property is this?
    Retail property - Three suites available, 549-839 sq ft
    Where is this retail property located?
    The property is located at 4376 Western Ave Los Angeles, CA.
    What is the lease rate?
    The lease rate is $21-$32 SF/Yr.
    What are key features of this property?
    This property features: Three units available in a two-story, 6,430 SF shopping center.; Two ground floor retail units and one second-floor office space.; Ample shared surface parking in a gated lot with 18 spaces.
    Request Owner's contact information
    4376 Western Ave Los Angeles, CA 90062
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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
    4376 Western Ave Los Angeles, CA 90062
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