Log In/Sign Up
Your email has been sent.
1160-1164 N Western Ave 7,292 SF 78% Leased Retail Building Los Angeles, CA 90029 $2,593,743 CAD ($355.70 CAD/SF)
Investment Highlights
- (5) APARTMENTS + (1) RETAIL UNIT WILL BE DELIVERED VACANT AT COE
- Ground floor consists of two retail units
- Rear alley access available from both Virginia Ave. and Lexington Ave.
- First time available for sale in over 40 years!
- Second floor includes (7) apartments: six studios and one 1-bedroom unit
Executive Summary
The Dilanian Commercial Group of RE/MAX Commercial & Investment Realty is pleased to present the opportunity to acquire a ±7,292 SF mixed-use building, offered for sale for the first time in over 40 years. Situated on a ±7,000 SF lot, the property benefits from excellent visibility and frontage along Western Avenue.
The building is comprised of two ground-floor retail units and seven residential apartments on the second floor. (5) APARTMENTS + (1) RETAIL UNIT WILL BE DELIVERED VACANT AT THE CLOSE OF ESCROW.
Ideally located just one block south of the 101 Hollywood Freeway, the property is centrally positioned between West Hollywood, Los Feliz, and Silver Lake, and approximately two miles north of Koreatown.
DO NOT DISTURB TENANTS- ALL TOURS MUST BE COORDINATED THROUGH LISTING AGENT.
**All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**
The building is comprised of two ground-floor retail units and seven residential apartments on the second floor. (5) APARTMENTS + (1) RETAIL UNIT WILL BE DELIVERED VACANT AT THE CLOSE OF ESCROW.
Ideally located just one block south of the 101 Hollywood Freeway, the property is centrally positioned between West Hollywood, Los Feliz, and Silver Lake, and approximately two miles north of Koreatown.
DO NOT DISTURB TENANTS- ALL TOURS MUST BE COORDINATED THROUGH LISTING AGENT.
**All offers must be submitted on a C.A.R. Commercial contract along with a POF & SREO**
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,292 SF
Building Class
C
Year Built
1921
Price
$2,593,743 CAD
Price Per SF
$355.70 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.04
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
(Q)C4-2D-CPIO - State Enterprise Zone
Parking
10 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
113’ on Western Ave
Amenities
- Bus Line
Walk Score®
Walker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5536-009-003 | Improvements Assessment | $102,979 CAD |
| Land Assessment | $129,151 CAD | Total Assessment | $232,130 CAD |
Property Taxes
Parcel Number
5536-009-003
Land Assessment
$129,151 CAD
Improvements Assessment
$102,979 CAD
Total Assessment
$232,130 CAD
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1160-1164 N Western Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.