4719 S Western Avenue
Los Angeles, CA 90062
4719 S. Western Avenue is a two-story mixed-use building consisting of multifamily and retail, with approximately 7,144 SF of building on an estimated 7,343 SF lot. The subject property consists of 2 retail stores on the ground floor and 4 apartments on the second floor. Two of the apartments are 1bedroom + 1bath units and the other two are large studios. Both retail storefronts are on month-to-month leases. This asset is a true value-add deal with tremendous upside potential that rarely comes to market. This is an ideal opportunity for an investor looking for a value-add play in the surging submarket for South Los Angeles.
4719 S. Western Avenue is strategically located just south of West Vernon Ave, North of West 54th Street, West of Normandie Avenue, and East of Arlington Avenue. The subject property boasts a phenomenal traffic count with an excess of ±32,500 CPD and is located in close proximity to the I-110 FWY. Some national tenants that reside close to the property include: IHOP, Starbucks, Big Lots, Pizza Hut, Home Depot, Walgreens, GameStop, and Baskin Robbins, just to name a few.