8852 Western Ave, Los Angeles, CA 90047-3328
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.
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Last Stop Lab Screen Printing Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.