Main Content
- Garage 1
- Baths 2
- Bldg Sq Ft 2,058
- Status Sold
- Year Built 1947
- Property Type Commercial, Investment, Office
About This Property
The Ideal Owner/User office/retail space for sale located at 8911 & 8911 ½ Western Avenue in Los Angeles. The subject property is conveniently located in South Los Angeles and within driving distance to major restaurants and entertainment venues like Central Avenue Jazz Park, South Los Angeles Wetlands, Exposition Park, LA Memorial Coliseum, USC, and more. Great street exposure on Western Boulevard. Available building signage. Ample street parking. Ideal use: salon, clothing store, real estate office, and other related uses. For specific zoning information and related city ordinances, please verify with the Los Angeles City Planning Department.
The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price.