611 North La Brea Avenue Los Angeles, CA 90036

Building Details

Year Built

1930

Listing office KW Commercial Los Feliz m***@masoncanter.com Show Phone

Listing date Oct 3, 2023

Source Realnex

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Investment Insights

Based on property information with market context.

This property presents a rare opportunity for retail or restaurant owner-users, as well as for future development, within the dynamic La Brea revitalization corridor. Located at 611 S La Brea Ave, the property borders the 200,000 SF 639 S La Brea Hotel and Residences project, making it suitable for concept or upscale dining and entertainment. The 600 block of S La Brea is home to the acclaimed République Café, Restaurant & Bakery. Currently, Mix Furniture occupies the space. The property utilizes 6,240 SF for retail floor space across the first floor and mezzanine. Buyers have the potential to leverage significant rental income during the permit and entitlement process through a Mix Furniture lease-back. Zoned LAC2 and located in a Tier 4 TOC Zone, the property is on the same block as the new La Brea/Wilshire Metro Subway (Purple, D, Line), scheduled to open in 2024.

Key Highlights

• Located in a Tier 4 TOC Zone on the same block as the new La Brea/Wilshire Metro Subway (Purple Line), scheduled to open in 2024.
• Significant rental income potential through Mix Furniture lease‑back.
• Situated in the dynamic La Brea revitalization corridor, adjacent to the 200,000 SF 639 S La Brea Hotel and Residences project.

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FAQs

What type of property is this?

Retail space - Retail/restaurant space in dynamic La Brea revitalization corridor.

Where is this retail space located?

The property is located at 611 North La Brea Avenue Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,998,000.

What are key features of this property?

This property features: Located in a Tier 4 TOC Zone on the same block as the new La Brea/Wilshire Metro Subway (Purple Line), scheduled to open in 2024.; Significant rental income potential through Mix Furniture lease‑back.; Situated in the dynamic La Brea revitalization corridor, adjacent to the 200,000 SF 639 S La Brea Hotel and Residences project.