Overview
- Retail
- 1998
Description
Prime Commercial Investment Opportunity
11224 S Western Ave, Los Angeles, CA 90047
Developers – Don’t Miss This One!
High-Potential Development Opportunity in a Prime LA Location!
This 38,000 Sq Ft Lot is a rare gem in a high-traffic, high-visibility area of Los Angeles. Currently leased to Carl’s Jr. on a Triple Net (NNN) Lease, this property offers reliable passive income with exciting development potential as the lease nears expiration.
Investment Highlights:
Triple NNN Lease – Tenant pays property taxes, insurance, and maintenance
Monthly Rental Income: $10,769 or 8% of gross sales (whichever is greater)
Billboard Income: Additional $20,000/year
Parking: 38 onsite spaces for customer convenience
Lot Size: 38,000 Sq Ft
Zoning/Development Potential: Buyer to verify
The property is clean, well-maintained, and showcases pride of ownership. Its location in a bustling corridor with excellent foot and vehicle traffic makes it ideal for investors, developers, or entrepreneurs seeking a strategic Los Angeles asset.
Contact us today to learn more about this incredible opportunity!
Address
Open on Google Maps- Address Western
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90047
Details
Updated on June 23, 2025 at 9:07 pm- Property ID: HZPW24252742
- Price: $4,500,000
- Land Area: 0.8873 SquareFeet
- Year Built: 1998
- Property Type: Retail
- Property Status: CommercialSale
- Listed by: Leah Ivy Chang
- DRE #: 02086695
- Contact Phone: 9495018555
- Contact Mail: LeahChangRealty@gmail.com
- Brokered by: Redpoint Realty
Features
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
