516-518 N La Brea Ave - Storefront Retail/Office FOR SALE


Los Angeles, CA 90036
$2,995,000 USD
310-469-9398
516-518 N La Brea Ave, Los Angeles, CA for Sale
$2,995,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

516-518 N La Brea Ave
Los Angeles, CA 90036


HIGHLIGHTS

  • Value-Add or Owner-User Opportunity Ideally Located Along La Brea Avenue, Minutes from The Grove
  • 4,100 square feet of mixed-use space, ideal for a variety of commercial uses, including retail, office, or creative workspaces
  • Strong Underlying Demographics with Dense Immediate Population
  • La Brea Avenue is a Vibrant Los Angeles Neighborhood Proximate to Desirable Amenities
  • Positioned at the corner of N La Brea Avenue and Rosewood Avenue, the property benefits from significant foot traffic generated by nearby attraction
  • Daily traffic counts exceed 40,000 vehicles

OVERVIEW

Matthew Luchs of the Zacuto Group is pleased to present 516-518 N La Brea Avenue, an exceptional opportunity for owner-users or investors to acquire a versatile 4,100 square foot mixed-use building, ideally situated on a highly visible 4,201 square foot lot along the busy La Brea Avenue corridor. Located in the heart of Los Angeles, this vacant property offers tremendous flexibility and immediate control for the buyer, presenting a blank canvas to bring your vision to life. Whether you're an investor seeking to reposition the asset for top market rents, or an owner-user looking for a flagship location, 516-518 N La Brea Avenue provides a rare combination of strong fundamentals and strategic upside in one of Los Angeles’s most dynamic neighborhoods. For owner-users, the building’s open layout, high ceilings, and expansive frontage on La Brea make it ideal for a wide variety of uses. The property is perfectly suited for a range of retail concepts, from a boutique bakery or café benefiting from the heavy foot traffic to a high-end fashion or lifestyle showroom looking to capitalize on the location’s significant visibility and high-traffic counts (+40,000 vehicles per day). The flexible floor plan can also accommodate creative office space, an in-demand feature in this area of Los Angeles, particularly for industries such as marketing, media, or tech firms seeking inspiring, loft-like environments. A design firm, architecture studio, or art gallery could also easily adapt the property’s spacious interior to create a collaborative work setting with showroom potential, further enhancing brand visibility along this high-traffic corridor. Additionally, the property’s strategic position along La Brea Avenue’s north-south commercial artery makes it an attractive option for an office or creative office user. With its location near major entertainment hubs, such as CBS Television City, The Grove, and the Los Angeles County Museum of Art (LACMA), this building could serve as the headquarters for a production company, entertainment firm, or talent agency that values proximity to LA’s media and cultural districts. The versatility of the zoning (C4-1VL) also allows for other potential commercial uses, such as a wellness center, medical or dental practice, fitness studio, or even a salon. The availability of four on-site parking spaces—a rare commodity in this area—only adds to the appeal for an owner-user who requires parking for employees or customers. The building’s character and location are ideal for a business seeking to create a unique experience. The property could easily be transformed into a destination for a high-end restaurant or gourmet café, providing an attractive space for customers looking to explore new culinary experiences. Given the building’s 1937 construction, there is also an opportunity to preserve or enhance its charm through modern renovations, blending contemporary design elements with the original architecture to create a one-of-a-kind atmosphere for both customers and clients. The property’s strategic positioning ensures that any business operating here will benefit from the constant flow of traffic and visibility, whether it’s a showroom catering to discerning shoppers or a creative workspace attracting top talent. The neighborhood is already home to numerous high-end retailers, restaurants, and businesses, making 516-518 N La Brea Avenue an ideal location for a new or growing enterprise. This section of La Brea Avenue has seen rapid growth and development, with nearby buildings being adapted into modern retail, office, and showroom spaces, further enhancing the area's appeal to professionals, creatives, and retail-focused entrepreneurs.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$730 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Showroom / Retail / Office - High Visibility

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,201 SF

ZONING

LAC4-1VL

APN/PARCEL ID

5525-020-008

ASK ABOUT THIS PROPERTY

Matthew LuchsZacuto GroupMore Info
310-469-9398

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Matthew LuchsZacuto GroupMore Info
310-469-9398

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.