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Prime Commercial Investment Opportunity11224 S Western Ave, Los Angeles, CA 90047Developers – 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 maintenanceMonthly Rental Income: $10,769 or 8% of gross sales (whichever is greater)Billboard Income: Additional $20,000/yearParking: 38 onsite spaces for customer convenienceLot Size: 38,000 Sq FtZoning/Development Potential: Buyer to verifyThe 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 Type(s):
Commercial
| Last Updated | 4/14/2025 | Year Built | 1998 |
|---|---|---|---|
| Community | Metropolitan Southwest | County | Los Angeles |
Price History
| Prior to Feb 27, '25 | $4,990,000 |
|---|---|
| Feb 27, '25 - Apr 5, '25 | $4,100,000 |
| Apr 5, '25 - Apr 14, '25 | $3,800,000 |
| Apr 14, '25 - Today | $4,500,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Metropolitan Southwest |
| HEAT | Central |
| LOT | 0.89 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre, Corner Lot |
| STORIES | 1 |
| UTILITIES | Electricity Available,Natural Gas Available,Phone Available,Water Available |
| WATER | Public |
| ZONING | LCC2-P |
Location
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Listed with Redpoint Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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