4376 Western Ave, Los Angeles, CA 90062

6,430 SF | 69% Leased | Retail Building | Los Angeles, CA 90062 | $2,950,000 ($459/SF) | 4.35% Cap Rate

For Sale

Active

9 pictures

Asking Price $2,950,000

Property Type: Retail
Square Feet: 6,430 SF
Price / Square Foot: $459

Listing Contacts

Ron Kim

Tony Kim

Property Overview

1991 Year Built! Commercial investment purchase opportunity. 2-story retail/office shopping center. 4 ground floor retail stores and 6 second floor offices.
$128,468 actual net annual income | 4.35% actual cap rate. 1 vacant ground floor unit and 1 vacant second floor unit.
Heavy traffic location at the intersection of 2 major thoroughfares. Northeast corner of Western Avenue and Vernon Avenue. 116' frontage on Western Avenue; 94' on Vernon Avenue. 1-1/3 miles west of the Harbor (110) Freeway and 2-1/4 miles south of the Santa Monica (I-10) Freeway.

Property Details

Class: C
Year Built: 1991
Stories: 2
Property Subtype: Storefront Retail/Office
Lot Size (sq. ft): 9,583 SF

Highlights

1991 Year Built! 2-Story Retail/Office Shopping Center
Actual $128,468 NOI | 4.35% actual cap rate
Heavy Traffic Signalized Corner Location

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