4376 S Western Ave - Storefront Retail/Office FOR SALE


Los Angeles, CA 90062
$2,950,000 USD
213-222-1209
4376 S Western Ave, Los Angeles, CA for Sale
$2,950,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 4.35% Cap Rate

4376 S Western Ave
Los Angeles, CA 90062


HIGHLIGHTS

  • Newer 1991 Year Built! 2-Story Retail/Office Shopping Center
  • Actual $128,468 NOI | 4.35% actual cap rate
  • Heavy Traffic Signalized Corner Location

OVERVIEW

A newer property built in 1991! 6,430 sq ft, 2-story building: 18 parking spaces, signalized corner, 9,400 sq ft lot. 10 units 839 sq ft vacant retail space. Commercial investment purchase opportunity. Retail/office shopping center. 4 ground floor retail stores and 6 second floor offices. $128,468 actual net annual income. 4.35% actual cap rate. 1 vacant ground floor unit. Heavy traffic location at the intersection of 2 major thoroughfares. Northeast corner of Western Avenue and Vernon Avenue. 116' frontage on Western Avenue; 94' on Vernon Avenue. 1-1/3 miles west of the Harbor (110) Freeway and 2-1/4 miles south of the Santa Monica (I-10) Freeway.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$459 USD /SF

CAP RATE

4.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newer 1991 Built! Retail Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,400 SF

ZONING

LA C2-2D-CPIO

APN/PARCEL ID

5021-024-040

ASK ABOUT THIS PROPERTY

Ron KimMajor PropertiesMore Info
213-222-1209

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Ron KimMajor PropertiesMore Info
213-222-1209

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