10714 Western Ave, Los Angeles, CA 90047-4431
- Community centers
- 10,340 SF
- 0.80 lot acres
Current Use by Public Records
- Little Caesars Pizza / Restaurant
- China Bowl & Louisiana Fried chicken / Restaurant
- A Touch Of Klass beauty supply / (Bike/Boat/Book/etc) Store / Cosmetic Store
- 3 G's Laundry LLC / (Bike/Boat/Book/etc) Store
- THE WASH SPOT / (Bike/Boat/Book/etc) Store
Property Details for 10714 Western Ave
- Year built
- 2008
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.80 lot acres
- Zone code
- LCC3*
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 6077-001-001
- APU
- 6077001001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 27, 2025 | $3,300,000 | 10714 Western Plaza LLC | 2j Properties Investment LLC | Grant Deed | $1.6M · Hanmi Bank |
| Dec 2, 2021 | — | 2j Properties Investment LLC | — | Deed · related | $1.7M · Pacific City Bank |
| Oct 15, 2019 | — | 2j Properties Investment LLC | Jessica H Kim | Quit Claim Deed · related | — |
| Sep 18, 2019 | — | Jessica H Kim | Kim,jae C | Quit Claim Deed · related | — |
| Aug 22, 2019 | — | Jae C Kim | Kim Family Trust | Quit Claim Deed · related | — |
| Mar 19, 2018 | $2,900,000 | Jae Chul Kim | Hfk Investments LLC | Grant Deed | $1.9M · Pacific City Bank |
| Dec 27, 2012 | $998,500 | Hfk Investments LLC | Infinity 10714 Western LLC | Grant Deed | $2.4M · Infinity 10714 Western LLC |
| Sep 27, 2010 | — | Infinity 10714 Western LLC | Infinity Redevelopment LLC | Quit Claim Deed | — |
| Jan 22, 2007 | $550,000 | Infinity Redevelopment LLC | Taper Barbara Living Trust | Grant Deed | $2.2M · Pacific City Bank |
| Jan 22, 2007 | — | Taper Barbara Living Trust | Taper Barbara Living Trust | Quit Claim Deed · related | — |
| — | — | Hfk Investments LLC | — | Deed Of Trust · related | $2M · Saehan Bank |
| — | — | Infinity Redevelopment LLC | — | Deed Of Trust · related | $200k · Pacific City Bank |
| — | — | Infinity Redevelopment LLC | — | Deed Of Trust · related | $2.4M · Pacific City Bank |
Description
This exceptional 10,340 square foot retail strip center in Los Angeles, CA, presents a compelling value-add investment opportunity. Located at 10714 S Western Ave, 90047, this single-story, 7-unit property boasts a strong tenant roster, including a Little Caesars (corporate guarantee), ensuring stable income. Built in 2008, the property sits on a sizable .79-acre lot (34,727 sq ft) with ample on-site parking (47 spaces, 4.5/1000 sq ft ratio), exceeding zoning requirements. The property benefits from a prime corner location on Western Avenue, a major thoroughfare with high visibility and excellent freeway access (near the 105 and 110 freeways). Its location within a densely populated residential area ensures consistent foot traffic and strong demand. The asking price is $3,299,000, representing a compelling 6.92% cap rate. The property is zoned LCC3* (buyer to verify). This multi-tenant retail center offers immediate and long-term upside potential, making it an attractive addition to any portfolio. The property features a mix of national, regional, and local tenants, providing diversification and resilience. Its proximity to major entertainment venues like SoFi Stadium, Hollywood Park, KIA Forum, and Intuit Dome further enhances its appeal and potential for future growth.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,815,000
- ML approach
- $2,860,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $4,380,000 Current use
- MEDICAL BUILDING
- $4,710,000 Change: +8% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.309
- Latitude
- 33.9387
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
