3775 Western AveLos Angeles, CA 90018

Property Details for 3775 Western Ave

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

7,560 SF

Zone code

LAC2

Property type

Community centers

APN

5035-032-031

APU

5035032031

Description

This exceptional 2,400 square foot retail space is situated within a bustling 10,000 square foot shopping center at 3775 S Western Ave, Los Angeles, CA 90018. Located in Los Angeles County, this multi-tenant property offers a fantastic opportunity for a variety of businesses. The former laundromat space features a spacious interior with high ceilings and abundant natural light from broad front windows, creating a bright and inviting atmosphere. Its ideal for retail, restaurant, or office use, with suggested uses including payday advance/check cashing services, cell phone providers, or quick-serve restaurants. The property benefits from high street visibility, convenient on-site parking easily accessible from intersecting streets, and prominent monument signage. This corner location sits at the signalized intersection of Western Avenue and Exposition Boulevard in South Los Angeles, offering unparalleled exposure. The property enjoys a strategic position directly across from the Metro Expo Line Western Station, boasting over 48,900 daily riders, and adjacent to the James A Foshay Learning Center, a K-12 public school. This high-traffic area ensures significant foot and vehicle traffic, providing exceptional potential for business growth. 7,600 square feet of the shopping center is currently occupied.

• CAP approach

  CAP return

  Valuation

  6%

  $3,219,937

  6.5%

  $2,972,249

  7%

  $2,759,946

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,622,776

  Geo Method

  $3,622,776

• Alternative Use

  Use

  Valuation

  Residential

  $2,507,204

  Hospitality

  $2,296,585

  Educational

  $1,910,732

  Medical

  $1,976,445

  Retail

  $2,972,249

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.018

Longitude

-118.309

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].