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9606 Western Ave Local commercial 755 m² 100 % Loué À vendre Los Angeles, CA 90047 1 631 709 € (2 161,14 €/m²) Taux de capitalisation 7,73 %



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Informations principales sur l'investissement
- Affordable housing developer or nonprofit ready to build 100+ units using ED1, TOC Tier 2, or AB 2011
- 8,127 SF of purpose-built improvements on a 24,551 SF corner lot at ~$258/SF, well below replacement cost.
- Patient capital seeking a TOC-designated corner assemblage with income today and development optionality tomorrow
- Ideal for a car wash, quick-service drive-through, or most types of retail and commercial development,
- Three income streams generating an est $15,264/month in pro forma gross income at a 7.73% pro forma cap rate | built-in developer exit via TOC Tier 2
- TOC Tier 2, ED1, and AB 2011, no hearing, no CEQA, at ~$77/SF land.
Résumé analytique
A rare three-parcel assemblage totaling approximately 24,551 square feet (0.56 acres) at the signalized hard corner of S. Western Avenue and W. 96th Street. The lot is bordered by a rear alley with ingress and egress from three sides, Western Avenue, 96th Street, and the alley itself, giving any future development exceptional flexibility for site circulation, drive-through stacking, and multiple points of access. This configuration makes the site ideal for a car wash, quick-service drive-through, or most types of retail and commercial development, maximizing benefit from corner visibility and multi-sided access. The property is zoned C2-1VL-CPIO, offering broad commercial development flexibility at a signalized intersection along a high-traffic corridor.
Improvements currently on site total approximately 8,127 square feet across two structures, a licensed preschool campus (6,195 SF) and a church sanctuary (1,932 SF), plus a third vacant parcel offering near-term income potential from uses such as a recycling center or tow yard. Combined, the assemblage projects an estimated $15,264/month in gross income and approximately $146,434 in annual NOI, supporting the $1,895,000 asking price at a pro forma cap rate of approximately 7.73%.
For a developer, this hard-corner, alley-accessed assemblage is a rare opportunity to acquire land along Western Avenue with existing cash flow in place while planning a car wash, drive-through, or retail/commercial redevelopment.
Improvements currently on site total approximately 8,127 square feet across two structures, a licensed preschool campus (6,195 SF) and a church sanctuary (1,932 SF), plus a third vacant parcel offering near-term income potential from uses such as a recycling center or tow yard. Combined, the assemblage projects an estimated $15,264/month in gross income and approximately $146,434 in annual NOI, supporting the $1,895,000 asking price at a pro forma cap rate of approximately 7.73%.
For a developer, this hard-corner, alley-accessed assemblage is a rare opportunity to acquire land along Western Avenue with existing cash flow in place while planning a car wash, drive-through, or retail/commercial redevelopment.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Surface de l’immeuble
755 m²
Année de construction
1957
Prix
1 631 709 €
Prix par m²
2 161,14 €
Taux de capitalisation
7,73 %
RNE
126 131 €
Pourcentage loué
100 %
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,33
Surface du lot
0,23 ha
Zonage
C2-1VL-CPIO TOC Tier 2
1 1
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Bons transports en commun
60/100
Plutôt praticable en vélo
40/100
Principaux commerces à proximité
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 2 726 € | |
| Évaluation du terrain | 337 306 € | Évaluation totale | 340 032 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
337 306 €
Évaluation des aménagements
2 726 €
Évaluation totale
340 032 €
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Présenté par
9606 Western Ave
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