2815 S Western Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90018- West Adams
$1,800,000 USD
562-440-0177
2815 S Western Ave, Los Angeles, CA for Sale
$1,800,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | 2.15% Cap Rate

2815 S Western Ave
Los Angeles, CA 90018
West Adams


HIGHLIGHTS

  • New $699,000 Price Reduction - Motivated Seller - Bring All Offers
  • Huge Upside Rent Potential - Value-Add Opportunity - New Revitalization Projects Throughout the Area
  • Located in the Historic Jefferson Park Neighborhood - High Demand Rental Market
  • Mixed Use Building - (3) Retail Store Front Units & (1) Single-Family Home 2 Bed/1 Bath
  • New Roof on the Single-Family Home with Laundry & Parking
  • Close to USC, Expo Park, BMO Stadium, DTLA, Koreatown, Mid-Wilshire & the 10 and 110 Freeways

OVERVIEW

NEW $699,000 PRICE REDUCTION - MOTIVATED SELLER - BRING ALL OFFERS. Located in the heart of Los Angeles’ historic Jefferson Park neighborhood, 2815 S Western Ave offers a rare and valuable mixed-use investment opportunity in one of the city’s most rapidly developing corridors. This well-maintained property spans approximately 3,392 square feet and sits on a generous 6,309-square-foot corner lot, providing excellent street visibility and consistent foot traffic. The building features three retail units, offering spacious layouts that are ideal for both long-term tenants and short-term rental strategies. It also offers a back house, all of which is tenant-occupied. Strategically located near USC, Exposition Park, BMO Stadium, and major public transportation routes, this property benefits from strong tenant demand and ongoing neighborhood revitalization projects. The surrounding area has seen a surge in both residential and commercial development, making it an ideal location for forward-thinking investors. The zoning and layout provide flexibility for future upgrades or repositioning, offering significant value-add potential. Whether you're seeking steady rental income, long-term appreciation, or the opportunity to enhance the asset through modernization, 2815 S Western Ave stands out as a versatile and promising investment in a high-growth area of Los Angeles.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$531 USD /SF

CAP RATE

2.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LA-C2

APN/PARCEL ID

5053-003-033

ASK ABOUT THIS PROPERTY

Madela Luz ZavalaFirst Team Real EstateMore Info
562-440-0177

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Madela Luz ZavalaFirst Team Real EstateMore Info
562-440-0177

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