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!
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!
Property Details
Price:
$4,500,000
MLS #:
PW24252742
Status:
Active
Baths:
0
Address:
11224 S Western Avenue
Type:
Commercial
Subtype:
Retail
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Dec 18, 2024
State:
CA
ZIP:
90047
Year Built:
1998
Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Stories Total
1
Water Source
Public
Financial
Utilities
Electricity Available, Natural Gas Available, Phone Available, Water Available
Map
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11224 S Western Avenue
Los Angeles, CA
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