Price Reduced ListingRare West LA repositioning opportunity at 2311 Cotner Ave, immediately adjacent to the I-405 with direct access to the northbound on-ramp. Home to The Wine House for 50+ years, this two-level, ±23,000 SF building offers an unusually versatile mix of improvements including a full foodservice kitchen, dining/bar area, cold storage, office space, and a loading dock with two doors. 42 gated rooftop parking spaces plus additional auxiliary leased parking across the street (assumable). Flexible M2 zoning supports a wide range of uses - owner-user headquarters, experiential retail, food & beverage, automotive/EV, showroom, or creative office over retail. Vacant at close of escrow, delivering a functional, purpose-built asset ready for repositioning rather than a conventional vacant shell. In-place Verizon cell tower lease adds approximately $4,200-$4,500/month in additional income. Minutes from the Metro E Line and the 405/10 interchange, which carries 650,000+ vehicles daily, in a dense, affluent Westside trade area.
| MLS # | SR26212527 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 41 |
| Listing Provided By | Keller Williams VIP Properties | Jeremy Gray |
| SQ Feet | 23,054 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.45 |
| Lot Features | Near Public Transit |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90064 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90064) | |
Price: $14,900,000 low | high Med: $1,398,500 sqft: 23,054 low | high Med: 1,656 $ / sqft: $646 low | high Med: $885 On site: 41 low | high Med: 367.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90064 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90064) | |
Price: $14,900,000 low | high Med: $1,398,500 sqft: 23,054 low | high Med: 1,656 $ / sqft: $646 low | high Med: $885 On site: 41 low | high Med: 367.5 | |