Listing date: 2024-12-21, Last update: 2025-01-03

$4,990,000 For Sale

11224 S Western Avenue, Los Angeles, CA 90047

  • -Beds
  • -Baths
  • 2,853
    sqft
  • 38,650
    sqft Lot
  • Beds
  • Baths
  • 2,853 sqft
  • 38,650 sqft lot
Property Highlight
Year built
1998
Listed for
14 days
Price / Home Size
$1749 / sqft
Parking
-
HOA
$0 / mo
A/C
Central Air
Home Type
Retail
View
    Description

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

Listing Provided Agent
  • • Name: -
  • • DRE: -
  • • Email: -
  • • Phone: -
Listing Provided Office
  • • Name: -
  • • Email: -
  • • Phone: -
Source
  • • CRMLS #PW24252742crmls logo
Local Information
Home Details for 11224 S Western Avenue
Interior
Features
Appliances
  • Laundry: None
Bathrooms
Bedrooms
Heating & Cooling
  • Heating: Central
  • Cooling: Central Air
Exterior
Features
  • Home Type: Commercial
  • New Construction: No
  • Levels: None
  • Stories: None
  • Entry Level: 1
Parking & Garage
Lot
  • Size: 38,650 sqft
  • Size source: Assessor
Details
  • Parcel Number: 6077011041
  • Special Condition: Standard
  • Property Condition: Zoning: LCC2-P
  • Common Interest: None
Utilities
Utilities
  • Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water: Public
Community & HOA
Community
  • None
HOA
Property Financial History
DateEventPrice
12/21/2024Source: CRMLS #PW24252742
Listed for Sale
$ 4,990,000
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