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$780,000
4,390 Sqft
5,625 Sqft lot

8905 S Western Avenue, Los Angeles, California 90047

  • Commercial Sale Property Type
  • 42 Days Time on market
  • $178 Price per sqft
  • 1948 Year Built
Property Description

Amazing opportunity for an owner user, investor or developer to acquire a mixed use property in South Los Angeles with three retail units and a one bedroom residential unit upstairs, all on month-to-month terms with separate gas and electric meters. The property has a gated lot with secure on-site parking & roll up doors, high ceilings, and fifty feet of frontage on Western Avenue with over 30,000 vehicle daily traffic, presenting a perfect opportunity for an owner-user or investor. Rents are currently 50% below market, presenting significant upside. Alternatively, the Tier 2 TOC designation also presents an opportunity for a developer to take advantage of density bonuses to repurpose the C2 lot as affordable housing. Less than 2 miles to SoFi Stadium and the Kia Forum, and 6 miles from LAX, this centrally located asset provides consumers and tenants with easy access to the remainder of Southern California via nearby 110, 105 and 10 freeways.

Basic Details
Commercial Sale
Buy
SB23195550
$780,000
4,390 Sqft
1948
5,625 Sqft
Active
Retail
Features
$0
Address
CA
Los Angeles
Los Angeles
90047
8905 S Western Avenue
8905
Avenue
0
W119° 41' 26.3''
N33° 57' 21.8''
S
Additional Information
42
2
4,390 Sqft
0 Sqft
0 Sqft
: Assessor
0.13 Sqft
5,625 Sqft
0 Sqft
C2 TOC-3
6036017002
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
23/07/2024
16/10/2024 00:02:37
$875,000
: Standard
90th to Western
Imperial Real Estate
Mark Ehlers
sb1342020
SBEHLEMAR
$0
278
1
: Acreage
1
: Square Feet
: Square Feet
1
4
US-06037-N-6036017002-R-N
Retail
20/10/2023 00:05:08
Western
C36 - Metropolitan Southwest
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