Two-Story Retail
For Sale
Contact for pricing
1523 North La Brea Avenue, Los Angeles, CA 90028
Two-story retail center with a highly visible façade on La Brea Avenue and current 100% occupancy.
Property Size18,297 SF
Lot Size0.55 Acres
Days on Market122
Property Features for 1523 North La Brea Avenue
General Information
Standard status
Active
Size
18,297 SF
Lot size
0.55 Acres
Property subtype
Retail
Occupancy
100%
Building Details
Year Built
1978
Stories
2
Listing Agency:
Matthews
Listed By:
Aria Pournazarian · License #CA 01918248
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 2:52AM
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 Matthews
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present 1523–1543 North La Brea Avenue, a two-story retail center built in 1978. The property contains approximately 18,297 square feet of improvements on a parcel of approximately 23,978 square feet. The center is currently 100% occupied and provides in-place net operating income of $309,186.
The property has a highly visible façade facing La Brea Avenue and is positioned just north of Sunset Boulevard in Hollywood. It is intended to serve the Hollywood community and surrounding residents.
This offering presents an opportunity for investors to evaluate the existing income stream and potential rent growth within the retail center configuration.
The property has a highly visible façade facing La Brea Avenue and is positioned just north of Sunset Boulevard in Hollywood. It is intended to serve the Hollywood community and surrounding residents.
This offering presents an opportunity for investors to evaluate the existing income stream and potential rent growth within the retail center configuration.
Key Highlights
- Two‑story retail center at 1523‑1543 N La Brea Ave with a highly visible facade facing La Brea Avenue.
- Built in 1978, totaling approx. 18,297 SF of improvements on an approx. 23,978 SF parcel.
- Currently 100% occupied with in‑place net operating income of $309,186.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,586
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
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?
Shopping center - Two-story retail center with a highly visible façade on La Brea Avenue and current 100% occupancy.
Where is this shopping center located?
The property is located at 1523 North La Brea Avenue Los Angeles, CA.
What are key features of this property?
This property features: Two‑story retail center at 1523‑1543 N La Brea Ave with a highly visible facade facing La Brea Avenue.; Built in 1978, totaling approx. 18,297 SF of improvements on an approx. 23,978 SF parcel.; Currently 100% occupied with in‑place net operating income of $309,186.
