$4,990,000 For Sale
11224 S Western Avenue, Los Angeles, CA 90047
- -Beds
- -Baths
- 2,853sqft
- 38,650sqft Lot
- Beds
- Baths
- 2,853 sqft
- 38,650 sqft lot
$4,990,000 For Sale
11224 S Western Avenue, Los Angeles, CA 90047
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, an on-site billboard generates $2,500 in monthly revenue, making this a highly profitable asset. 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! Current Income: Lease $144,000/Yr Billboard $30,000/Yr Percentage rent $20,000-$25,000/Yr TOTAL=$194,000-$200,000/Yr Projected Income: Lease $222,000-240,000/Yr Billboard $54,000-$60,000/Yr Percentage rent $25,000-$30,000/Yr TOTAL= $301,000-$330,000/YR
Date | Event | Price |
---|---|---|
12/21/2024Source: CRMLS #PW24252742 | Listed for Sale | $ 4,990,000 |