1107–1117 N Western Avenue is a rare East Hollywood value-add retail and office offering with meaningful in-place income, flexible month-to-month tenancy, and significant long-term redevelopment upside. The property spans two contiguous parcels totaling ±18,000 SF of commercially zoned land with ±15,280 SF of existing improvements, 30 on-site parking spaces, ±130 feet of frontage on Western Avenue, and a Clear Channel billboard providing additional passive income.
Located just north of Santa Monica Boulevard, the asset sits within one of Los Angeles’ most active growth corridors, surrounded by major studio, residential, and mixed-use developments including the nearby $450 million Echelon Studios campus. With [Q]C4-2D-CPIO zoning, TOC Tier 3, TOIA 2, AB 2097 parking relief, ED1 eligibility, and Opportunity Zone designation, the property offers investors, developers, and owner-users a compelling blend of current cash flow, near-term repositioning potential, and future development optionality.