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7300 Western AveLos Angeles, CA 90047

11,000 SF Retail Space, Los Angeles

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 11,000-square-foot retail storefront at 7300-7308 S Western Ave in Los Angeles, CA, presents a unique investment opportunity. Built in 1930, this freestanding building sits on a substantial 19,285-square-foot lot and boasts 19 dedicated parking spaces – a rare find in this area. The property's LAC2 zoning permits a wide array of uses, making it ideal for owner-users seeking to customize their space. Its prime location offers high visibility, benefiting from approximately 21,400 AADT and proximity to major freeways (10, 105, 110, and 405), as well as the intersection of Florence and Western Avenues (approximately 47,633 AADT). An adjacent parcel at 7314 S Western Ave is also available for acquisition, significantly expanding the potential development footprint to approximately 27,549 square feet, allowing for a by-right development of approximately 117 units, including affordable housing, per Transit Oriented Community guidelines. While zoning information is provided, potential buyers should conduct their own due diligence with city authorities for precise details. This property offers significant potential for both immediate use and future development in the rapidly transforming Manchester Square neighborhood.

Highlights

  • Ample dedicated parking, a rare amenity in this area.
  • Owner-user opportunity.
  • Excellent freeway access via the 10, 105, 110, and 405 freeways.
  • Versatile LAC2 zoning allows for a wide range of uses.
  • High visibility with ±21,400 AADT.
  • Prime location at Florence and Western, boasting ±47,633 AADT.

Property Details for 7300 Western Ave

Property type
Retail properties, Retail space
Year Built
1930

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.973608889043
Longitude
-118.30897787988
7300 Western Ave, Los Angeles, California

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7300 Western Ave
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