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!
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Listing Snapshot
Price
$4,200,000
Days On Site
220 Days
Bedrooms
N/A
Inside Area (SqFt)
2,853 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.8873 Acres
Year Built
1998
MLS® Number
PW24252742
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
22 hours ago
Price changed to $4,200,000
22 hours ago
Listing updated with changes from the MLS®
7 months ago
Listing first seen on site
General Features
Acres
0.8873
Number Of Stories
1
Property Sub Type
Retail
Special Circumstances
Standard
SqFt Total
2853
Utilities
Electricity AvailableNatural Gas AvailablePhone AvailableWater Available
Water Source
Public
Zoning
LCC2-P
Interior Features
Cooling
Central Air
Heating
Central
Laundry Features
None
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Exterior Features
Lot Features
Corner Lot
Community Features
Financing Terms Available
Cash
MLS Area
C36 - Metropolitan Southwest
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.