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Bankruptcy Sale: South LA Commercial Property 7220 S Western Ave

2,500 SF Retail Building Los Angeles, CA 90047 $525,000 ($210/SF)

Investment Highlights

  • Bankruptcy Sale: Retail Property (Former Night Club/Bar)
  • Heavy Traffic Location With Excellent Exposure & Visibility
  • Sale Subject to Bankruptcy Court Approval and Overbid; Property Sold “As-Is”

Executive Summary

Bankruptcy sale. Retail storefront purchase opportunity. Former night club/bar. Heavy traffic north/south thoroughfare. Located just south of Florence Avenue. Excellent signage and visibility. Adjacent to the City of Inglewood. Minutes from SoFi Stadium and Kia Forum. 1-1/2 miles west of the Harbor (110) Freeway. 3 miles north of the Century (105) Freeway. Traffic Count on Western Ave & 73rd St: 29,691 Vehicles Per Day (2022). Note: Sale subject to bankruptcy court approval and overbid; property sold “as-is”.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
2,500 SF
Building Class
C
Year Built
1931
Price
$525,000
Price Per SF
$210
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.06 AC
Zoning
LA C2-2D-CPIO
Frontage
25 FT on Western Ave
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Food 4 Less
Starbucks
IHOP
Smart & Final
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6018-001-005
Land Assessment
$117,825
Improvements Assessment
$94,258
Total Assessment
$212,083
  • Listing ID: 28893938

  • Date on Market: 6/30/2023

  • Last Updated:

  • Address: 7220 S Western Ave, Los Angeles, CA 90047

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