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    8314 W 3rd St Los Angeles, CA 90048

    Sponsored
    Source: https://www.majorproperties.com
    For Lease
    $5 SF/Yr ($583 /Mo)

    Heavy Traffic Retail Exposure

    Lot size:
    1,278 SF

    Description

    Added:
    May 2, 2025
    Days on Market:
    249
    • Rent reduced! Lessor motivated!
    • Heavy traffic location with excellent exposure ideal for any retail use
    • Former barbershop
    • Prime 3rd Street location between Sweetzer Ave and Orlando Ave
    • Parking for 2 vehicles plus 1 tandem at rear of building
    • 4 blocks east of La Cienega Blvd, Beverly Center and Beverly Connection
    • Near Joan’s on Third and The Little Door
    • 52,526 vehicles per day traffic count (2018) — Excellent foot traffic as well
    • Rent reduced to $7,000 per month — NNN charges = $360 per month (approx.)
    • Call broker to show

    Property Features for 8314 W 3rd St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,278 SF
    USF (Usable sq. ft)
    1,278 SF
    Elevators
    N/A
    Total Rate
    583.62

    Building Details

    Buildings
    1
    Stories
    1
    Location Intelligence

    Current Use by Public Records

    Mama's Secret Bakery ... Bakery SIR Los Angeles Barber Shop

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -118.755997
    Latitude
    36.7014631

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    FAQs

    What type of property is this?
    Individual retail property - Heavy Traffic Retail Exposure
    Where is this individual retail property located?
    The property is located at 8314 W 3rd St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    (213) 804-3013
    Request Owner's contact information
    8314 W 3rd St Los Angeles, CA 90048
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    Los Angeles, CA 90048
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8314 W 3rd St Los Angeles, CA 90048
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