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Investment Highlights

  • High Ceilings
  • High Ceilings – Bright, open interiors with premiu
  • located on a signalized, hard-corner lot
  • Seven (7) Commercial Units – Flexible sizes
  • Newly remodeled (2025)

Executive Summary

California Luxury Investments is now offering multiple retail units for lease in a newly remodeled (2025) shopping center located on a signalized, hard-corner lot in the heart of South Los Angeles. This high-visibility site offers unmatched exposure along Western Avenue — one of the city’s busiest commercial corridors — with consistent pedestrian and vehicular traffic throughout the day. The property features seven individual retail units, ranging in size from 1,000 to 10,000 square feet, including a prominent corner store with a mezzanine, ideal for anchor tenants or flagship concepts. The layout offers flexibility for a wide range of uses, including retail, office, food & beverage, medical, fitness, and service businesses. With high ceilings, modern finishes, a state-of-the-art security camera system, and two rear storage units available for additional lease, this center is designed for both functionality and security. Seven (7) Retail Units – Flexible sizes from 1,000 to 10,000 SF? Corner Unit with Mezzanine – Excellent for a high-visibility flagship. Complete Renovation in 2025 – Modern systems and an updated façade? High Ceilings – Bright, open interiors with premium visibility. Camera Surveillance System – Full-site digital security coverage. Two Storage Units in the Rear – Available for additional rent. High-Traffic Signalized Intersection – Excellent drive-by exposure. Dense Surrounding Population – Built-in foot traffic and local customer base. Two New 50-Unit Apartment Buildings Next Door – Immediate tenant pool. This is a great chance to start or grow your business in a prime Los Angeles location with long-term upside and brand exposure.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,012 SF
Building Class
C
Year Built/Renovated
1927/1938
Price
$4,052,474 CAD
Price Per SF
$404.76 CAD
Percent Leased
20%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.83
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
C2-1VL-CPIO - Tier 2 TOC
Parking
2 Spaces (0.19 Spaces per 1,000 SF Leased)
Frontage
90’ on Western Ave

Amenities

  • 24 Hour Access
  • Corner Lot
  • Mezzanine
  • Signalized Intersection
  • Wheelchair Accessible

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • IM Smoke Shop
  • -
  • -
  • $4.12 CAD
  • Modified Gross
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
IM Smoke Shop - - $4.12 CAD Modified Gross -
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Food 4 Less
IHOP
Yoshinoya
Chase Bank
Superior Grocers
Community Bank

Property Taxes

Property Taxes

Parcel Number
5003-020-023
Land Assessment
$1,318,771 CAD
Improvements Assessment
$659,386 CAD
Total Assessment
$1,978,157 CAD
  • Listing ID: 39853204

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 5400 Western Ave, Los Angeles, CA 90062

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