Storefront Retail Building with Two
For Sale
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8344-8348 Beverly Boulevard, Los Angeles, CA 90048
Multi-tenant storefront retail building with two below-market leases, including one expiring Dec. 18, 2022.
Property Size5,004 SF
Lot Size0.14 Acres
Days on Market149
Property Features for 8344-8348 Beverly Boulevard
General Information
Standard status
Active
Size
5,004 SF
Class
Trophy asset
Lot size
0.14 Acres
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Kidder Matthews
Listed By:
Elizabeth Clark · License #CA 01811246
(424) 653-1820
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 8:45AM
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 Matthews
Investment Insights
Based on property information with market context.
8344-8348 Beverly Boulevard is a storefront retail building totaling approximately 5,004 square feet on a 5,993 square foot lot. The property currently has two tenants under below-market leases. King’s Road beads’ lease expires December 18, 2022, while Maison’s lease runs through April 30, 2021 with one two-year option.
The site is positioned directly between The Grove and The Beverly Center on Beverly Boulevard and is about two blocks from the heavily trafficked corner of La Cienega and Beverly Boulevard. Additional nearby retail and dining options mentioned in the remarks include Nic’s on Beverly, Blue Bottle Coffee, and Uncle Paulie’s Deli, with less than a 3-minute drive to The Grove, The Farmers Market, The Beverly Center, and Cedars Sinai.
The site is positioned directly between The Grove and The Beverly Center on Beverly Boulevard and is about two blocks from the heavily trafficked corner of La Cienega and Beverly Boulevard. Additional nearby retail and dining options mentioned in the remarks include Nic’s on Beverly, Blue Bottle Coffee, and Uncle Paulie’s Deli, with less than a 3-minute drive to The Grove, The Farmers Market, The Beverly Center, and Cedars Sinai.
Key Highlights
- Storefront retail building totaling approximately 5,004 SF on a 5,993 SF lot at 8344‑8348 Beverly Boulevard, Los Angeles.
- Two current tenants with below‑market leases.
- King's Road lease expires December 18, 2022.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,147
Businesses Nearby
Balanced
Demand for This Use
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?
Storefront property - Multi-tenant storefront retail building with two below-market leases, including one expiring Dec. 18, 2022.
Where is this storefront property located?
The property is located at 8344-8348 Beverly Boulevard Los Angeles, CA.
What are key features of this property?
This property features: Storefront retail building totaling approximately 5,004 SF on a 5,993 SF lot at 8344‑8348 Beverly Boulevard, Los Angeles.; Two current tenants with below‑market leases.; King's Road lease expires December 18, 2022.
