Beverly Grove Retail Investment
For Sale
$5,500,000
8151 W 3rd St, Los Angeles, CA 90048
Two-tenant retail building in Beverly Grove with stabilized income.
Property Size3,011 SF
Price / SF$1,826
Days on Market264
Property Features for 8151 W 3rd St
General Information
Standard status
Active
Size
3,011 SF
Property subtype
Retail
Building Details
Building Size
3,011 SF
Year Built
1977
Listing Agency:
(310) 899-2714
Listed By:
Paul Brehme
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 13
Last Checked: Aug 16 at 5:00AM
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 Paul Brehme
Investment Insights
Based on property information with market context.
Located in the Beverly Grove neighborhood, 8151 W 3rd Street is a two-tenant retail building situated on a hard corner. The property, totaling approximately 3,011 square feet, is divided into two units. The main unit, comprising approximately 2,528 square feet, is leased to a dispensary until November 30, 2033. The second unit, consisting of approximately 483 square feet plus outdoor patio space, is leased to a café until March 31, 2028. The property includes 10 parking spaces, along with one handicapped parking space. The building is located in a busy commercial district with shopping and dining options. The area features a shopping center, boutique shops, restaurants, cafes, art galleries, and high-end shopping.
Key Highlights
- Located on a hard corner in the highly sought‑after Beverly Grove neighborhood.
- Stabilized income stream from two tenants.
- Main unit leased to a dispensary until November 30, 2033.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 90048, CA
22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Retail space - Two-tenant retail building in Beverly Grove with stabilized income.
Where is this retail space located?
The property is located at 8151 W 3rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Located on a hard corner in the highly sought‑after Beverly Grove neighborhood.; Stabilized income stream from two tenants.; Main unit leased to a dispensary until November 30, 2033.
