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8852 S Western Ave
Los Angeles, CA 90047

Retail Property For Sale

Storefront Properties California Los Angeles 8852 S Western Ave, Los Angeles, CA 90047

Investment Highlights

  • HIGH TRAFFIC AVENUE
  • AMPLE PARKING
  • CLOSE TO SOFI STADIUM AND HOLLYWOOD PARK

Executive Summary

THIS BUILDING MUST BE PURHASED WITH THE BUILDINGS NEXT DOOR WHICH IS 8850 S WESTERN AVE - 8856 S WESTERN WHICH ARE ALSO FOR SALE - THIS COMMERICAL PROPERTIES (ZONED C2) BUILDING CONSISTS OF 4 RETAIL STORES - THE PROPERTY ISLOCATED IN A VERY BUSY AREA OF SOUTH LOS ANGELES AND IS CURRENTY RENED OUT ON A MONTH TO MONTH BASIS THE STORES HAVE A MEZZANINE STORAGE AREA - THE BUILDING IS LOCATED IN FRONT OF THE BANK OF AMERICIA AND SUPERIOR MARKET AND IS LESS THAN A MILE AWAY FROM THE NEW SOFI STADIUM AND HOLLYWOOD PARK - EACH STORE HAS A SEPARATE BATHROOM WITH SHOWER - EACH STORE HA 2 DOORS ONE ON WESTERN AVE AND THE OTHER ON THE PARKING AREA LOCATED IN THE BACK OF THE BUILDING WHICH CAN ACCOMMODATE UP TO 6 CARS PLUS THERE IS ALLEY PARKING - THE PROPERTY HAS A NEW ROOF REPLACED 2 YEARS AGO

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
4,500 SF
Building Class
C
Year Built
1947
Price
$999,000
Price Per SF
$222
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.74
Lot Size
0.14 AC
Zoning
LAC2 - C2
Parking
6 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
50 FT on S. Western Ave.

Amenities

  • Bus Line

PROPERTY TAXES

Parcel Number 6037-024-052 Improvements Assessment $218,727
Land Assessment $492,139 Total Assessment $710,866

PROPERTY TAXES

Parcel Number
6037-024-052
Land Assessment
$492,139
Improvements Assessment
$218,727
Total Assessment
$710,866
 

  • Listing ID: 26049776

  • Date on Market: 6/29/2022

  • Last Updated:

  • Address: 8852 S Western Ave, Los Angeles, CA 90047

More public record information on 8852 S Western Ave, Los Angeles, CA 90047

The Retail Property at 8852 S Western Ave, Los Angeles, CA 90047 is currently available for sale. Contact Coast & Country Real Estate for more information.

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