8911 S Western Ave - Storefront FOR SALE


Los Angeles, CA 90047
$595,000 USD
213-225-7223
8911 S Western Ave, Los Angeles, CA for Sale
$595,000 USD
Storefront - FOR SALE
1/4
null | 6.01% Cap Rate

8911 S Western Ave
Los Angeles, CA 90047


OVERVIEW

We are pleased to present a 3-unit mixed-use property located on 8911 S Western Ave in Los Angeles. The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price. Contact the Casey Lins at 714-333-6768 or Casey.Lins@kidder.com for additional information.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use - Partially Vacant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

LAC2

APN/PARCEL ID

6036-017-003

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

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