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1500 N Western Avenue
Los Angeles, CA 90027

Price: $1,665,000 Zoning: C2-1
Bldg SF: 1,044 SF Price/SF: $1,595
Land SF: 1,542 SF Year Built: 2005
Opportunity Zone: Yes TOC: Tier 3
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Andrew Leff
(818) 212-2815
Andrew.Leff@marcusmillichap.com
License # 01865688

Price: $1,665,000
Bldg SF: 1,044 SF
Land SF: 1,542 SF
Year Built: 2005
Price/SF: $1,595
Zoning: C2-1
Opportunity Zone: Yes
TOC: Tier 3
Property Type: Retail/Office
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Matthew Luchs
(818) 212-2727
matthew.luchs@marcusmillichap.com
License # 01948233


Andrew Leff
(818) 212-2815
Andrew.Leff@marcusmillichap.com
License # 01865688

Investment Highlights

FANTASTIC LOCATION ON THE SIGNALIZED CORNER OF WESTERN AVENUE AND SUNSET BOULEVARD

 

  • 1,044 square foot freestanding building delivered vacant upon closing
  • Unmatched exposure at one of the busiest intersections in Los Angeles; over 40,600 cars per day, with a Walk Score of 91, walker’s paradise
  • Situated at the heart of East Hollywood’s development boom
  • Out parcel to Walgreen’s; caddy-corner to the brand-new Target
  • Opportunity Zone / Tier 3 TOC / State Enterprise Zone

 

STRONG IMMEDIATE DEMOGRAPHICS

 

  • Over 79,400 people are located within one mile from the property, 434,400 within three miles of the property, and 1,079,000 within five miles of the property
  • There are over 32,700 households located within one mile of the property, 186,400 within three miles of the property, and 445,200 within five miles of the property
  • Average household income within one mile of the property is over $63,500, $81,300 within three miles of the property, and $85,100 within five miles of the property