1160-1164 N Western Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90029- East Hollywood
$1,895,000 USD
213-233-4393
1160-1164 N Western Ave, Los Angeles, CA for Sale
$1,895,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

NEW


1160-1164 N Western Ave
Los Angeles, CA 90029
East Hollywood


HIGHLIGHTS

  • Two story mixed-use opportunity in East Hollywood
  • First time available for sale in over 40 years!
  • Ground floor consists of two retail units
  • Second floor includes (7) apartments: six studios and one 1-bedroom unit
  • (5) APARTMENTS + (1) RETAIL UNIT WILL BE DELIVRED VACANT AT COE
  • Rear alley access available from both Virginia Ave. and Lexington Ave.

OVERVIEW

The Dilanian Commercial Group of RE/MAX Commercial & Investment Realty is pleased to present the opportunity to acquire a ±7,292 SF mixed-use building, offered for sale for the first time in over 40 years. Situated on a ±7,000 SF lot, the property benefits from excellent visibility and frontage along Western Avenue. The building is comprised of two ground-floor retail units and seven residential apartments on the second floor. (5) APARTMENTS + (1) RETAIL UNIT WILL BE DELIVERED VACANT AT THE CLOSE OF ESCROW. Ideally located just one block south of the 101 Hollywood Freeway, the property is centrally positioned between West Hollywood, Los Feliz, and Silver Lake, and approximately two miles north of Koreatown. DO NOT DISTURB TENANTS- ALL TOURS MUST BE COORDINATED THROUGH LISTING AGENT. **All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$344 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/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

(Q)C4-2D-CPIO

APN/PARCEL ID

5536-009-003

ASK ABOUT THIS PROPERTY

Patrick DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4393

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Patrick DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4393

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