11224 S Western Ave
los angeles, CA 90047$4,500,000
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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!
Details
2,853 Sq Ft
0.8873 Private Acres Exterior Space
Commercial
Built in 1998
MLS/Listing ID PW24252742
Amenities & Features
Lot - Corner Lot
Listing Courtesy of REDPOINT REALTY, LEAH IVY CHANG
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE