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This mixed-use property features a two-story retail and residential building located in the heart of Los Angeles. The property offers strong income potential and excellent opportunities for future upgrades. The property is located on the busy Western Avenue, offering excellent visibility and exposure. The first floor consists of five retail storefronts, all currently occupied by tenants. A warehouse at the rear of the property is tenant-occupied but currently not generating income. Convenient parking spaces are also located at the rear for both customers and tenants. The second floor includes seven residential units"”three studios and four one-bedroom, one-bath apartments"”providing steady residential income. The current rents are below market value, offering the buyer the potential to increase income through updated rental rates, subject to city rules and regulations. Ideally situated near major Los Angeles attractions such as BMO Stadium, the Natural History Museum, Hollywood, Downtown Los Angeles, Beverly Hills, and the Santa Monica beaches, the property offers exceptional accessibility and convenience within a vibrant neighborhood. The subject property is a historical building listed in city records, featuring distinctive character and timeless charm. It represents an exceptional opportunity to acquire a well-located, income-producing asset in one of Los Angeles's most vibrant corridors.
Property Type(s):
Commercial
| Last Updated | 11/2/2025 | Year Built | 1923 |
|---|---|---|---|
| Community | C36 - Metropolitan Southwest | County | Los Angeles |
Additional Details
| AREA | C36 - Metropolitan Southwest |
|---|---|
| LOT | 0.3375 acre(s) |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Pinnacle Real Estate Group
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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