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11123 S Western Ave 1,932 SF 100% Leased Office Building Los Angeles, CA 90047 $907,478 CAD ($469.71 CAD/SF) 4.62% Cap Rate



Investment Highlights
- Place of workship
- Great floorplan with room to add-on
- Lots of street parking
Executive Summary
**INVESTORS AND ENTREPRENEURS — DON'T MISS THIS UNIQUE OPPORTUNITY!**
This versatile commercial property offers incredible potential in a highly visible location. Having operated as a church and served the community for over 30 years, this well-established place of worship offers much more space than it appears from the outside.
Step inside to discover a surprisingly spacious interior featuring a large open gathering area currently used as a sanctuary, a full kitchen, a dining area, a private office or pastor's quarters, a walk-in closet, an additional multipurpose room, and three bathrooms. The flexible floor plan creates endless possibilities for a variety of commercial, mixed-use, medical, professional, retail, service, non-profit, and/or special-use businesses.
The property also includes a private parking lot with space for approximately six vehicles, along with ample street parking available on Western Avenue.
With favorable zoning and a wide range of potential uses, this property may be suitable for mixed use and redevelopment. Buyers are encouraged to verify all the potential uses with the appropriate city agencies.
Property is being sold **As Is**. Buyer to conduct their own investigations and due diligence regarding condition, zoning, permits, and intended use.
Whether you're looking to continue its current use or transform the space into your next business venture, this is a rare opportunity to acquire a flexible and affordable commercial property in a desirable location.
This versatile commercial property offers incredible potential in a highly visible location. Having operated as a church and served the community for over 30 years, this well-established place of worship offers much more space than it appears from the outside.
Step inside to discover a surprisingly spacious interior featuring a large open gathering area currently used as a sanctuary, a full kitchen, a dining area, a private office or pastor's quarters, a walk-in closet, an additional multipurpose room, and three bathrooms. The flexible floor plan creates endless possibilities for a variety of commercial, mixed-use, medical, professional, retail, service, non-profit, and/or special-use businesses.
The property also includes a private parking lot with space for approximately six vehicles, along with ample street parking available on Western Avenue.
With favorable zoning and a wide range of potential uses, this property may be suitable for mixed use and redevelopment. Buyers are encouraged to verify all the potential uses with the appropriate city agencies.
Property is being sold **As Is**. Buyer to conduct their own investigations and due diligence regarding condition, zoning, permits, and intended use.
Whether you're looking to continue its current use or transform the space into your next business venture, this is a rare opportunity to acquire a flexible and affordable commercial property in a desirable location.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Building Size
1,932 SF
Building Class
C
Year Built
1951
Price
$907,478 CAD
Price Per SF
$469.71 CAD
Cap Rate
4.62%
NOI
$41,884 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
1,932 SF
Building FAR
0.59
Lot Size
0.07 AC
Zoning
LCC2*
Parking
6 Spaces (3.1 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6078-020-020 | Improvements Assessment | $85,717 CAD (2025) |
| Land Assessment | $311,708 CAD (2025) | Total Assessment | $397,425 CAD (2025) |
Property Taxes
Parcel Number
6078-020-020
Land Assessment
$311,708 CAD (2025)
Improvements Assessment
$85,717 CAD (2025)
Total Assessment
$397,425 CAD (2025)
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11123 S Western Ave
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