11224 S Western Ave - Freestanding FOR SALE


Los Angeles, CA 90047- Westmont
$4,500,000 USD
949-501-8555
11224 S Western Ave, Los Angeles, CA for Sale
$4,500,000 USD
Freestanding - FOR SALE
1/26
null | 4.1% Cap Rate

11224 S Western Ave
Los Angeles, CA 90047
Westmont


HIGHLIGHTS

  • Development Potential/Short Lease
  • CORNER LOT
  • ABSOLUTE NNN
  • Over 38,000sqft LOT

OVERVIEW

Prime Commercial Investment Opportunity 11224 S Western Ave, Los Angeles, CA 90047 Developers – Don’t Miss This One! High-Potential Development Opportunity in a Prime LA Location! This 38,000 Sq Ft Lot is a rare gem in a high-traffic, high-visibility area of Los Angeles. Currently leased to Carl’s Jr. on a Triple Net (NNN) Lease, this property offers reliable passive income with exciting development potential as the lease nears expiration. Investment Highlights: Triple NNN Lease – Tenant pays property taxes, insurance, and maintenance Monthly Rental Income: $10,769 or 8% of gross sales (whichever is greater) Billboard Income: Additional $20,000/year Parking: 38 onsite spaces for customer convenience Lot Size: 38,000 Sq Ft Zoning/Development Potential: Buyer to verify The property is clean, well-maintained, and showcases pride of ownership. Its location in a bustling corridor with excellent foot and vehicle traffic makes it ideal for investors, developers, or entrepreneurs seeking a strategic Los Angeles asset. Contact us today to learn more about this incredible opportunity!

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,579 USD /SF

CAP RATE

4.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Burrito/Carl's Jr.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

6077-011-041

ASK ABOUT THIS PROPERTY

Leah Ivy ChangRedpoint RealtyMore Info
949-501-8555

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Leah Ivy ChangRedpoint RealtyMore Info
949-501-8555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.