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$2,250,000 Just Listed
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Property Description
Value-add retail investment opportunity on Western Ave with significant upside potential. Per Los Angeles County Tax Assessor records, the property consists of approximately 9,783 SF of gross building area across two separate buildings. The front building is approximately 1,764 SF and is currently improved as a casual dine-in / takeout restaurant with excellent street exposure and its own pylon signage. The rear building contains approximately 8,019 SF and is configured as a multi-tenant retail building with multiple storefront entrances, offering flexible suite layouts for a variety of retail or service uses.
Three units are currently vacant, the occupied units are below market rent, and all existing tenants are on month-to-month leases, creating exceptional repositioning and income-growth potential. This gives a new owner the rare flexibility to adjust rents to market, re-tenant the vacant spaces, and optimize the overall tenant mix. The property includes a common asphalt-paved parking lot with approximately 29 standard parking spaces plus 2 handicap spaces, along with separate pylon signage for both the retail and restaurant buildings. Excellent opportunity for an investor or owner-user seeking strong upside, leasing flexibility, and long-term value growth in a high-visibility commercial corridor.
Full Property Details
Full Property Details for 23700 Western
General
- Price: $2,250,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PV26044904
- Updated: 3/1/2026
- Days on Market: 1 days
- Added to Site: 3 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Western Ave, between Sepulveda and Lomita Blvd, just north of 238th st on the east side of the Western Ave.
Utilities
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 9783
- Square Feet: 9,783
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.5791
- Useable Acres: .5791
- Lot Size (Sq. Ft.): 25,224
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Level, Lot 20000-39999 Sqft
- Lot Description: Corner Lot, Level, Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $229
- Expenses: $3,920
- Operating Expenses: $3,920
Disclosures and Reports
- Property ID: 7439007028
Listed by Berkshire Hathaway HomeService, SepEbrahimi
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Price & Sales History for 23700 Western
Date
Details
Price
Change
Source
2/27/2026
Listed
$2,250,000
200%
MLS
12/27/2000
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 23700 Western
Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,926
2%
$1,130,116
2%
2024
$18,602
2%
$1,107,958
2%
2023
$18,263
4%
$1,086,234
2%
2022
$17,557
2%
$1,064,936
2%
2021
$17,266
-1%
$1,044,056
1%
2020
$17,386
3%
$1,033,351
2%
2019
$16,806
4%
$1,013,091
2%
2018
$16,191
2%
$993,227
2%
2017
$15,850
3%
$973,753
2%
2016
$15,389
2%
$954,661
2%
2015
$15,126
—
$940,323
2%
2014
$15,103
1%
$921,905
—
2013
$15,010
—
$917,740
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 23700 Western
23700 Western, Harbor City, CA 90710 (MLS# PV26044904) is a Retail property. 23700 Western is currently listed for $2,250,000 and was received on February 27, 2026. Want to learn more about 23700 Western? Do you have questions about finding other Retail real estate for sale in Harbor City? You can browse all Harbor City real estate or contact a Coldwell Banker agent to request more information.

