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861 N Western Ave
Los Angeles, CA 90029 East Hollywood

$3,700,000 USD

General Retail For Sale  •  4,846 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,846 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1961
  • Tenancy Multiple
  • Zoning LAC4
58 Transit Score
93 Walk Score

Highlights

Fully Leased ±4,846 SF Retail Plaza in the heart of Melrose Hill—an emerging creative and culinary hub in Los Angeles
Prime ±0.21-Acre Corner Lot with ±30,000 VPD along high-traffic Western Avenue and 12 on-site parking spaces (±2.5/1,000 SF)
Stable Income with Upside Potential through re-tenanting or modest value-add improvements
LAC4 Zoning allows for a wide variety of commercial uses and potential future redevelopment
Strategic Location near Metro lines, East Hollywood, and Larchmont Village, with over 74,000 residents within one mile

Property Flyers

Financial Summary (Actual)

Net Operating Income: $102,008 USD (2024)
Total Expenses: $10,177 USD

Major Tenants

Tenant SF Occupied Lease End Date
Liquor Center
Sunshine Restaurant
Tae Kwondo Martial Art

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 5.5 mi
AirportDriveWalkDistance
Bob Hope 21 min - 10.6 mi
Los Angeles International 29 min - 14.3 mi
Long Beach (Daugherty Field) 39 min - 27.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Donn Yu 714-267-7777 OCAP Real Estate & Financial
Donn Yu 714-267-7777 OCAP Real Estate & Financial