2715 Western AveLos Angeles, CA 90018

  • Retail properties
  • 13,237 SF
For Lease

Property Details for 2715 Western Ave

Year built
1987
Construction
TILT-UP CONCRETE
Lot size
0.72 AC
Property size (Sq ft)
13,237 SF
Zone code
LAC2
Property type
Retail properties
Property subtype
Community centers
APN
5053-002-040
APU
5053002040

Description

This exceptional 1,400 square foot retail space is located in a bustling Los Angeles shopping center at 2715 S Western Avenue, Los Angeles, CA 90018. The property is situated in Los Angeles County and offers a prime location for businesses seeking high visibility and foot traffic. Currently, the entire 1,400 square foot space is available for lease, presenting a unique opportunity for a single tenant to establish a significant presence. The property is classified as a retail shopping center with multiple tenancy potential. Ample parking is available for customers and employees, ensuring convenient access for all. This endcap space provides excellent street visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's location in a busy shopping center guarantees a steady stream of potential customers. This is a rare opportunity to secure a substantial retail space in a high-demand area of Los Angeles. Interested parties are encouraged to inquire promptly to explore this exceptional leasing opportunity. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,637,871
    6.5%
    $5,204,188
    7%
    $4,832,460
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,343,213
    Geo Method
    $6,343,213
  • Alternative Use

    Use
    Valuation
    Residential
    $4,389,928
    Hospitality
    $4,021,150
    Educational
    $3,345,550
    Medical
    $3,460,608
    Retail
    $5,204,188
2715 Western Ave, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0304
Longitude
-118.309
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$38,212
$1,503,235
$1,434,906
$2,938,141
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FAQs

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