8300-8302 W 3rd St - Storefront FOR SALE


Los Angeles, CA 90048
$4,950,000 USD
424-421-3526
8300-8302 W 3rd St, Los Angeles, CA for Sale
$4,950,000 USD
Storefront - FOR SALE
1/15
null | 4.66% Cap Rate

8300-8302 W 3rd St
Los Angeles, CA 90048


HIGHLIGHTS

  • IRREPLACEABLE WEST 3RD STREET LOCATION
  • SIGNALIZED CORNER
  • AFFLUENT LOS ANGELES SUBMARKET

OVERVIEW

Located on West 3rd Street, one of the most walkable and popular streets in Los Angeles, 8300 W 3rd St is a retail storefront and rear second story office on the corner of W 3rd St and Sweetzer in Beverly Grove. The building is 5,330 square feet sitting on 4,956 square feet of land. Currently fully occupied, with a few shorter term tenants, this is the perfect opportunity for an investor to acquire an irreplaceable retail location along the most trendy shopping district and restructure it in the near future. Roof, plumbing, electrical have all been redone within the last 10 years. West 3rd Street between Fairfax Avenue and La Cienega Boulevard is a premier shopping destination known for its bevy of unique retailers and topnotch restaurants. Bookended by the Beverly Center to the West, and The Grove to the East, West 3rd Street is one of the most desirable destinations in Los Angeles. West 3rd Street is adjacent to the famed “Restaurant Row” of Beverly Hills, which houses acclaimed, high-end restaurants on the Eastern end of Beverly Hills. The Grove and the Farmer’s Market at the Grove on Fairfax Avenue is a popular destination for tourists and residents alike.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$932 USD /SF

CAP RATE

4.66%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Hollywood High-Profile Street Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

5511-031-039

ASK ABOUT THIS PROPERTY

Shaya BravermanKW Commercial Beverly HillsMore Info
424-421-3526

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Shaya BravermanKW Commercial Beverly HillsMore Info
424-421-3526

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