Renovated Retail Space with
176 North La Brea Avenue Los Angeles, CA 90036
176 North La Brea Avenue, Los Angeles, CA, 90036
$5,000,000
For Sale
$5,000,000
West Hollywood retail space with renovations and on-site parking.
Property Size9,780 SF
Price / SF$511.25
Days on Market115
Property Features for 176 North La Brea Avenue
General Information
- Standard status
- Active
- Size
- 9,780 SF
- Property subtype
- Retail
Listing Agency
CBRE - West LA
(310) 550-2588
Listed by
Mark Landver · License #01767071
(310) 550-2588
Source
Cbre
Added: Mar 25 Checked: Jul 15 at 2:40 am
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 CBRE - West LA
Investment Insights
Based on property information with market context.
Located in the vibrant West Hollywood area near Beverly Blvd and La Brea Ave, this retail space offers a turn-key opportunity. The 9780 square-foot property features trendy shops, restaurants, and coffee shops in the neighborhood, as well as views of the Hollywood Hills. It includes on-site parking with 6 spaces. The property has undergone brand new renovations, including a new roof, new concrete floors, a new HVAC system, and 5 new bathrooms.
Key Highlights
- Brand new renovations – new roof, new concrete floors, new HVAC system, new bathrooms (5)
- Turn‑key move in ready
- Hollywood Hills Views
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $361.5k | $36.96 |
| − Vacancy | −$37.2k | −$3.81 |
| EGI | $324.2k | $33.15 |
| − OpEx | −$97.3k | −$9.95 |
| NOI | $227.0k | $23.21 |
9,780 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.24M
$2.84M – $3.78M
NOI $226,966 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$198.14M
$173.37M – $231.16M
NOI $13,869,585 @ 7.0% cap · market cap 277.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bluestone Lane La ...
Cafe & Coffee Shop
California Online Clinic
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - West Hollywood retail space with renovations and on-site parking.
Where is this retail space located?
The property is located at 176 North La Brea Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Brand new renovations – **new roof, new concrete floors, new HVAC system, new bathrooms (5)**; **Turn‑key move in ready**; **Hollywood Hills Views**
