201-207 S Western Ave | Los Angeles, CA 90004
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- LoopNet Team
201-207 S Western Ave
Los Angeles, CA 90004
Western & 2nd Mixed Use · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- $100k Price Reduction! Motivated Seller | Situated on a Signalized Corner Lot - 40,000 VPD on Western Ave & 2nd St
- 6% CAP with approximately 20% upside
- Same Ownership in Over 40+ Years!
- Mostly Short Term Leases w/ Flexibility to Reposition Tenants - Owner/User Possibility
- Priced at Low Basis - Price Per SF at $281
- Charming Masonry Construction w/ Curb Appeal
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,742 SF
Building Class
C
Year Built
1923
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.94
Lot Size
0.21 AC
Zoning
C2
Parking
10 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
60’ on S. Western Blvd & 2nd St.
PROPERTY TAXES
| Parcel Number | 5517-001-001 | Improvements Assessment | $816,000 |
| Land Assessment | $2,142,000 | Total Assessment | $2,958,000 |
PROPERTY TAXES
Parcel Number
5517-001-001
Land Assessment
$2,142,000
Improvements Assessment
$816,000
Total Assessment
$2,958,000
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