1117 N Western Ave - Storefront Retail/Office FOR SALE


Los Angeles, CA 90029- Hollywood
$2,800,000 USD
310-909-5422
1117 N Western Ave, Los Angeles, CA for Sale
$2,800,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | Request Cap Rate

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1117 N Western Ave
Los Angeles, CA 90029
Hollywood


HIGHLIGHTS

  • Multi-tenant retail with strong Western Avenue frontage and rear parking accessed via alley.
  • Flexible short-term tenancy with immediate income and clear value-add potential.
  • Offered in conjunction with 1107 N Western Ave, creating scale, frontage, and redevelopment optionality.

OVERVIEW

1117 N Western Ave is the northern parcel in the assemblage and is available in conjunction with the mixed-use office/retail building immediately to the south at 1107 N Western Ave. The property is a single-story, multi-tenant retail building with a rear parking lot accessible via alley, offering a strong street presence along Western Avenue within a broader two-parcel opportunity. The building presents a straightforward and functional retail layout with multiple storefronts, steady in-place income, and clear value-add potential. Short-term tenancy allows for flexibility to lease at market, refine the tenant mix, or reposition the asset over time with limited operational friction. The rear parking field is a meaningful advantage for the corridor, supporting both tenant usability and long-term functionality. Located just north of Santa Monica Boulevard, the property benefits from excellent visibility, consistent traffic, and proximity to major studios, transit, and dense surrounding housing. The corridor continues to see significant investment and ongoing transformation, reinforcing demand for well-located retail and creative commercial space. Offered as part of an assemblage with 1107 N Western Ave, the asset provides added scale, frontage, and strategic optionality. An investor can operate the property as a standalone retail investment, enhance and stabilize the existing tenancy, or integrate it with the southern parcel as part of a larger repositioning or redevelopment play in one of East Hollywood’s most active corridors.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

LAC4

APN/PARCEL ID

5536-011-004

ASK ABOUT THIS PROPERTY

Iman MossanenMarcus & MillichapMore Info
310-909-5422

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Iman MossanenMarcus & MillichapMore Info
310-909-5422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.