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8852 S Western Avenue, Los Angeles, CA

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8852 S Western Avenue

Los Angeles, CA 90047-3328 - Hawthorne/Gardena Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1947
Building Size:4,500 SF Land Area:.14 AC (6,098 SF)
For Sale Price:$550,000 Price/SF:$122.22
Cap Rate:-
Parking:6 Surface spaces are available; Ratio of 1.33/1,000 SF
Features:Bus Line

Sale Notes:
Partition sale, may be subject to court approval. Also see little brother next door. Free standing 4500 sq.ft. building with 4 identical retail spaces, 1125 sq.ft. each, separately metered, with 14 feet ceilings, large baths (2 have showers, the other 2 could easily add) mezanine (not included in sq. ft.), security rollup doors, on 6001 sq.ft. street to alley lot. All vacant. C2 zoning allows myriad uses - see list in supp's. Gentrifying Hyde Park area on Inglewood border just off upcoming Crenshaw/LAX Metro Rail, 1 mile to Rams/Chargers stadium complex, 238 acre Hollywood Park Tomorrow and The Forum. Hollywood Park Tomorrow will be a $3 billion city within a city, with curving streets, parks, upscale restaurants & shopping. L.A. Times quote: "Hyde Park is being connected with downtown, LAX and the new NFL stadium via the under-construction Metro Crenshaw Line, providing access to jobs for area residents. And the dream of finding affordable homes in the city is drawing new home buyers to invest in the neighborhood." See link in private remarks.

Leo Nordine Realtors
Leo Nordine
(310) 379-8800

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