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1117 N Western Ave Local commercial 650 m² 100 % Loué À vendre Los Angeles, CA 90029 2 453 416 € (3 772,62 €/m²)

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Informations principales sur l'investissement

Fully occupied +/-7,000 SF multi-tenant retail building on +/-15,000 SF of C4 commercial land.
Below-market rents create clear upside, with current gross income of $131,004 versus estimated market gross income of $249,300.

All retail tenants and the rooftop billboard are month-to-month, providing income with future flexibility.
Strong Western Avenue frontage, rear surface parking, billboard income, and layered development potential near major Hollywood growth projects.

Résumé analytique

1109-1117 N Western Avenue is a fully occupied multi-tenant retail building in East Hollywood, totaling approximately 7,000 square feet on 15,000 square feet of [Q]C4-2D-CPIO commercial land. The property includes four ground-floor retail units, a double-sided Clear Channel rooftop billboard, roughly 100 feet of Western Avenue frontage, and approximately 25 rear surface parking spaces.
All tenants are month-to-month, giving a buyer immediate cash flow with flexibility to hold, re-tenant, reposition, deliver vacant, or pursue long-term redevelopment. The site benefits from TOC Tier 3, Opportunity Zone, AB 2097, ED1 eligibility, and proximity to major nearby projects including Echelon Studios and Sunset & Western.

1109-1117 N Western Ave - Offering Memorandum