Los Angeles, CA 90047,11224 S Western Avenue
Los Angeles, CA 90047,11224 S Western Avenue
Los Angeles, CA 90047,11224 S Western Avenue
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$4,500,000
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2,853 SqFt
Active

11224 S Western Avenue Los Angeles, CA 90047

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,853 sqft

Price per Sqft $1,577

MLS Listing ID CRPW24252742

HOA Y/N No

Year Built 1998

Lot Size 0.887 Acres

Acres 0.89

Property Sub-Type Retail

Property Description

Prime Commercial Investment Opportunity 11224 S Western Ave, Los Angeles, CA 90047 Developers – Don’t Miss This One! High-Potential Development Opportunity in a Prime LA Location! This 38,000 Sq Ft Lot is a rare gem in a high-traffic, high-visibility area of Los Angeles. Currently leased to Carl’s Jr. on a Triple Net (NNN) Lease, this property offers reliable passive income with exciting development potential as the lease nears expiration. Investment Highlights: Triple NNN Lease – Tenant pays property taxes, insurance, and maintenance Monthly Rental Income: $10,769 or 8% of gross sales (whichever is greater) Billboard Income: Additional $20,000/year Parking: 38 onsite spaces for customer convenience Lot Size: 38,000 Sq Ft Zoning/Development Potential: Buyer to verify The property is clean, well-maintained, and showcases pride of ownership. Its location in a bustling corridor with excellent foot and vehicle traffic makes it ideal for investors, developers, or entrepreneurs seeking a strategic Los Angeles asset. Contact us today to learn more about this incredible opportunity!

Location

State CA

County Los Angeles

Zoning LCC2

Interior

Heating Other

Cooling Central Air

Fireplace No

Exterior

Utilities Available Other

Building

New Construction No

Others

Tax ID 6077011041


Bridge MLS
Listed by Leah Ivy Chang • Redpoint Realty

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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11224 S Western Avenue