Retail
New
For Sale
Contact for pricing
118-120 S La Brea Ave, Los Angeles, CA 90036
A 5,000-square-foot retail property is offered for sale.
Property Size5,000 SF
Price / SF$550
Days on Market2
Property Features for 118-120 S La Brea Ave
General Information
Standard status
Active
Size
5,000 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Hancock Park
Listing Agency:
Kidder Mathews
(213) 421-1400
Listed By:
John Anthony · License #01226464
(213) 225-7218
Source:
Moodyscre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a retail building with 5,000 square feet of space. Its address is 118-120 S La Brea Ave in Los Angeles.
Key Highlights
- 5,000 square feet of retail space
- Located at 118‑120 S La Brea Ave in Los Angeles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,036
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,320,720
$2.3M
Cap Rate 7%
$1,657,657
$1.7M
Cap Rate 9%
$1,289,289
$1.3M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$184.8K $36.96/SF
− Vacancy
−$19.0K −$3.81/SF
EGI
$165.8K $33.15/SF
− OpEx
−$49.7K −$9.95/SF
NOI
$116.0K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,320,720
Cap Rate 7%
$1,657,657
Cap Rate 9%
$1,289,289
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.93M
NOI $116,036 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$101.30M
$88.63M – $118.18M
NOI $7,090,790 @ 7.0% cap · market cap 257.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 90036, CA
39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - A 5,000-square-foot retail property is offered for sale.
Where is this retail space located?
The property is located at 118-120 S La Brea Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 5,000 square feet of retail space; Located at 118‑120 S La Brea Ave in Los Angeles
