Western Ave Portfolio 2 Retail Properties Offered at $5,975,200 CAD in Los Angeles, CA

Marcus & Millichap is pleased to present 1107–1117 N Western Avenue, a rare value-add retail and office opportunity with significant
redevelopment potential in the heart of East Hollywood. This offering includes two contiguous parcels totaling ±18,000 square feet of
commercially zoned land, improved with ±15,280 square feet of street-front retail and second-floor office space. All tenants are on month-to-month leases, providing immediate income with the flexibility to reposition, lease up, or redevelop the site. The property also includes a
Clear Channel billboard and 30 rear-access parking spaces—both highly uncommon in this dense urban corridor.
Zoned [Q]C4-2D-CPIO and located within multiple incentive overlays—including TOC Tier 3, TOIA 2, AB 2097, ED 1 eligibility, and a federal
Opportunity Zone—the site offers an exceptional platform for future mixed-use, creative office, or multifamily development. With over
130 feet of frontage on N Western Avenue and proximity to major transportation, employment, and residential density, the property is
strategically positioned for long-term value creation.
Surrounded by over $1 billion in new development—including the $450 million Echelon Studios campus just two blocks away, as well as
large-scale mixed-use projects at Sunset & Western and De Longpre Avenue—the area is undergoing rapid transformation into a hub for
entertainment, media, and residential growth. 1107–1117 N Western Avenue offers investors, developers, and owner-users the rare ability to
control scale frontage, stable income, and high-leverage zoning in one of Los Angeles' most active redevelopment corridors.