4813-4819 S Western Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90062- South Central LA
$2,495,000 USD
626-487-1035
4813-4819 S Western Ave, Los Angeles, CA for Sale
$2,495,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

4813-4819 S Western Ave
Los Angeles, CA 90062
South Central LA


HIGHLIGHTS

  • *. Mixed-Use Property - 11 Units with Multiple Potentials
  • * 11,528 SF Building on 14,703 SF Lot +-
  • * First Floor: 5 Retail Storefronts
  • *. Second Floor: 7 Residential Units — Four 1BR/1BA and Three Singles.
  • *. Additional Warehouse 1800 +- in Rear Yard
  • * Fully occupied. * Annual Income: $ 131,700 +-

OVERVIEW

Situated along the high-traffic Western Avenue corridor, this property benefits from exceptional visibility and exposure. Its central Los Angeles location places it just minutes from major city landmarks, including BMO Stadium, the Natural History Museum, Hollywood, Downtown Los Angeles, Beverly Hills, the Santa Monica Pier, and the region’s renowned beaches. The neighborhood is vibrant, well-connected, and offers outstanding accessibility for both residents and businesses. This mixed-use building features five retail units on the first floor and seven residential units on the second floor. The residential level includes three singles and four one-bedroom/one-bathroom apartments. An approximately 1,800 SF warehouse is located at the rear of the property and is fully occupied by tenants. Convenient parking spaces are also available behind the building. The current rents are steady and below market value, offering the buyer the potential to increase income through updated rental rates, subject to city rules and regulations. The building is a historic property full of architectural character and charm.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$216 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,703 SF

ZONING

C2- Los Angeles

APN/PARCEL ID

5016-025-003

ASK ABOUT THIS PROPERTY

Carrie HsuPinnacle Real Estate GroupMore Info
626-487-1035

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Carrie HsuPinnacle Real Estate GroupMore Info
626-487-1035

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