11224 S Western Avenue

Los Angeles, CA 90047

PRICE REDUCED

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-$1,190,000 (-23.85%)

$3,800,000

List Price

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1998

calendar_month Built

Property 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!

Listing Information

List Price $3,800,000
Status Active
MLS PW24252742
Type Commercial
Subtype Retail
Year Built 1998
Lot Size 38,649
Structure Size N/A
DOM 105
Courtesy Of Redpoint Realty
Listing Agent Leah Ivy Chang DRE#02086695
Co-Listing Agent Sunny Kim DRE#02078602

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air
Heating Type
Heating Type Central

Maps

home_work Nearby Properties

Listing information courtesy of: Leah Ivy Chang, Sunny Kim, Redpoint Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 5th, 2025 at 8:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.