5955-5959 S Western Ave
Los Angeles, CA 90047

OM Available Upon Request*
5955-5959 S Western is an exciting opportunity for an owner-user to establish a foothold in the South LA market. Comprised of 73,913 SF between two structurally fortified buildings, this property is turn key for a showroom use or further creative office conversion. Previously occupied by a hardware firm, the property could easily be converted to an aesthetically-pleasing media campus, trade or design school, or a headquarters for local nonprofits. Utilizing the property's favorable zoning, space flexibility, and ample parking (95 spaces), 5955 S Western could also earn significant revenue through short/medium term leases to studios or production companies looking for pricing relief from the Hollywood/Weho Submarkets.
The asset is situated in the only pocket of industrial properties on S Western between Inglewood and the 10 freeway, with national credit tenants nearby on Slauson such as Home Depot and Food 4 Less. The property to the North of asset is occupied by filming studios, illustrating a potential use and synergistic opportunity for growth in the near future for the area. The asset lies within the State Enterprise Zone and Opportunity Zone, while also not within 500 ft. or a school or sensitive use, allowing for a wide breadth of uses.
The lack of competing product larger Los Angeles metro market makes this asset attractive for significant users with the need for larger footprints. The enclosed nature of the site makes it an attractive opportunity to convert the premises to a ‘campus’ for their respective business, or divide the buildings and supplement debt service via leasing portions of either structure.
Due to the size of the parcel, districting, and market data, this property could also lend itself to an affordable housing development. Utilizing new ED-1 and SB330 incentives, an experienced builder could maximize GLA on this site and create a truly unique project on the South Western corridor.