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11224 Western Avenue, Los Angeles, CA 90047
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11224 Western Avenue
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  • MLS#: PW24252742 ( Retail )
  • Street Address: 11224 Western Avenue
  • Viewed: 23
  • Price: $4,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1998
  • Bldg sqft: 0
  • Days On Market: 129
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90047
  • Provided by: Redpoint Realty
  • Contact: Leah Ivy Leah Ivy
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime Commercial Investment Opportunity 11224 S Western Ave, Los Angeles, CA 90047 Developers Dont 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 Carls 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!
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Features
Building Area Total
  1. 2853.00
Commoninterest
  1. None
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Land Use
  1. Industrial
  2. Retail
Laundry Features
  1. None
Parcel Number
  1. 6077011041
Postalcodeplus4
  1. 4800
Property Type
  1. Retail
Utilities
  1. Electricity Available
  2. Natural Gas Available
  3. Phone Available
  4. Water Available
Views
  1. 23
Water Source
  1. Public
Year Built
  1. 1998
Zoning
  1. LCC2-P