11224 S Western Ave - Freestanding FOR SALE


Los Angeles, CA 90047- Westmont
$4,100,000 USD
949-501-8555
11224 S Western Ave, Los Angeles, CA for Sale
$4,100,000 USD
Freestanding - FOR SALE
1/26
null | 4.5% Cap Rate

11224 S Western Ave
Los Angeles, CA 90047
Westmont


HIGHLIGHTS

  • BILLBOARD INCOME
  • CORNER LOT
  • ABSOLUTE NNN

OVERVIEW

Prime Commercial Property – 11224 S Western Ave, Los Angeles, CA 90047 Don’t miss this incredible investment opportunity in a high-visibility location. This well-maintained commercial property is currently leased to Carl’s Jr., providing reliable rental income. Additionally, this is a Triple NNN lease. The current monthly rental income is $10,769 or 8% of gross sales, whichever is greater, plus an additional $20,000/yr from the Billboard. The property boasts 38 parking spaces, ensuring convenience for patrons, and is situated in a bustling area of Los Angeles with excellent foot and vehicle traffic. Its clean, well-kept condition reflects pride of ownership, making it an attractive addition to any investor's portfolio. Whether you're an investor or an entrepreneur looking for a prime LA location, this property offers unmatched potential and value. Contact us today for more details!

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$1,439 USD /SF

CAP RATE

4.5%

% 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.