4813 Western, Los Angeles, CA 90062
  • MLS#: WS25252189 ( Mixed Use )
  • Street Address: 4813 Western
  • Viewed: 5
  • Price: $2,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90062
  • Provided by: Pinnacle Real Estate Group
  • Contact: WEN-FEN WEN-FEN
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This mixed use property features a two story retail and residential building located in the heart of Los Angeles. The property offers strong income potential and excellent opportunities for future upgrades. The property is located on the busy Western Avenue, offering excellent visibility and exposure. The first floor consists of five retail storefronts, all currently occupied by tenants. An approximately 1,800 SF warehouse situated at the rear of the property is occupied by a tenant; however, it is not currently producing rental income. Convenient parking spaces for both customers and tenants are available at the rear of the building. The second floor includes seven residential unitsthree studios and four one bedroom, one bath apartmentsproviding steady residential income. The current rents are below market value, offering the buyer the potential to increase income through updated rental rates, subject to city rules and regulations. Perfectly located near iconic Los Angeles destinations such as BMO Stadium, the Natural History Museum, Hollywood, Downtown Los Angeles, Beverly Hills, the Santa Monica Pier, and the citys beautiful beaches, this property provides outstanding accessibility and convenience in a lively, well connected neighborhood. The subject property is a historical building listed in city records, featuring distinctive character and timeless charm. It represents an exceptional opportunity to acquire a well located, income producing asset in one of Los Angeless most vibrant corridors.
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Features
Building Area Total
  1. 11528.00
Commoninterest
  1. None
Country
  1. US
Laundry Features
  1. None
Parcel Number
  1. 5016025003
Property Type
  1. Mixed Use
Water Source
  1. Public
Year Built
  1. 1923
Year Built Source
  1. Assessor