5001 S Western Ave - Supermarket FOR SALE


Los Angeles, CA 90062- South Central LA
$2,300,000 USD
310-658-3375
5001 S Western Ave, Los Angeles, CA for Sale
$2,300,000 USD
Supermarket - FOR SALE
1/12
null | Request Cap Rate

Jul '25


5001 S Western Ave
Los Angeles, CA 90062
South Central LA


HIGHLIGHTS

  • 3,200 Sf Building & 13,939 Sf Parcel Size
  • Excellent Visibility, Traffic Counts, and Foot Traffic
  • Just Vernon - Corner Location with Easy Ingress/Egress on 50th Street & Western Avenue
  • Well Over 5 per 1,000 Sf Parking Spaces - Allowing a Plethora of Uses
  • Development Potential: Affordable Housing, Building Expansion, Medical Conversion

OVERVIEW

Kidder Mathews Exclusive Agent for a grocery store retail building on the Southwest corner of 50th Street and Western Avenue. The Sellers are looking to retire and deliver the premises vacant. The subject property (3,200sf) sits on a 13,821 square feet with excellent visibility and grandfathered monument signage, with multiple curb cuts giving easy ingress/egress from two different streets. Business is available for sale $200,000, it brings in +/-$50,000 per month. The building-to-land ratio is very generous and features over 5 spaces per 1,000sf parking ratio, allowing to variety of uses given the flexible zoning: dental/medical/clinic, restaurant, etc. There is a potential to expand the existing building, build a 2nd story, or lends itself to an affordable project as well.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$719 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

13,821 Sf Corner Lot - 3,200 Sf Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Freestanding, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

LAC2-1VL-CPIO

APN/PARCEL ID

5016-037-001

ASK ABOUT THIS PROPERTY

Jay MartinezKidder MathewsMore Info
310-658-3375

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Jay MartinezKidder MathewsMore Info
310-658-3375

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