Commercial for Sale in Los Angeles, California

This mixed-use property features a two-story retail and residential building located in the heart of Los Angeles. The property offers strong income potential and excellent opportunities for future upgrades. The property is located on the busy Western Avenue, offering excellent visibility and exposure. The first floor consists of five retail storefronts, all currently occupied by tenants. An approximately 1,800 SF warehouse situated at the rear of the property is occupied by a tenant; however, it is not currently producing rental income. Convenient parking spaces for both customers and tenants are available at the rear of the building. The second floor includes seven residential units—three studios and four one-bedroom, one-bath apartments—providing steady residential income. The current rents are below market value, offering the buyer the potential to increase income through updated rental rates, subject to city rules and regulations. Perfectly located near iconic Los Angeles destinations such as BMO Stadium, the Natural History Museum, Hollywood, Downtown Los Angeles, Beverly Hills, the Santa Monica Pier, and the city’s beautiful beaches, this property provides outstanding accessibility and convenience in a lively, well-connected neighborhood. The subject property is a historical building listed in city records, featuring distinctive character and timeless charm. It represents an exceptional opportunity to acquire a well-located, income-producing asset in one of Los Angeles’s most vibrant corridors.