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 11224 S Western Avenue
- City Los Angeles
- State/county CA
- Zip/Postal Code 90047
- Country US
Details
Updated on April 5, 2025 at 8:22 pm- Property ID: PW24252742
- Price: $3,800,000
- Property Size: 2853 Sqft
- Land Area: 0.8873 Acres
- Garage Size: x x
- Year Built: 1998
- Property Type: Retail, Commercial Sale
- Property Status: Active
Additional details
- Listing Terms: Cash,Cash to New Loan
- Utilities: Electricity Available,Natural Gas Available,Phone Available,Water Available
- Cooling: Central Air
- Heating: Central
- County: Los Angeles
- Property Type: Commercial Sale
Mortgage Calculator
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- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
