149 S Western Ave - Storefront FOR SALE


Los Angeles, CA 90004
$1,890,000 USD
213-387-3456
149 S Western Ave, Los Angeles, CA for Sale
$1,890,000 USD
Storefront - FOR SALE
1/9
null | 6.3% Cap Rate

149 S Western Ave
Los Angeles, CA 90004


HIGHLIGHTS

  • Located in one of the busiest business districts on Western Ave.
  • Easy to manage.
  • Total 3 units – 2 units are currently occupied by Tattoo shop and 1 unit is an office that will be delivered vacant to new owner.

OVERVIEW

Total Commercial Inc. is proud to introduce a 3-unit retail and office mixed-use commercial property. This 4,320 SF building sits on a 6,480 SF lot on the busiest business street, Western Ave. The district is ideal for any type of business due to its heavy traffic and ongoing development. This area is excellent for new developments. The tenant is on a month-to-month lease, and the market rent could be at least $3/SF on this street, potentially generating a rental income of $12,960 per month or more. Please email me at Brian@TcomApts.com if you are interested. (To access the parking lot, you need to go through the alley via 2nd Street or 1st Street.)

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

6.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,477 SF

ZONING

C2

APN/PARCEL ID

5517-002-014

ASK ABOUT THIS PROPERTY

Brian JiTotal Commercial, Inc.More Info
213-387-3456

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Brian JiTotal Commercial, Inc.More Info
213-387-3456

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