La Brea Retail/Restaurant Opportunity

617 North La Brea Avenue Los Angeles, CA 90036

Claim this Listing
For Sale
$4,298,000

Retail/restaurant space in dynamic La Brea revitalization corridor.

Type:MU
Property size:
6,400 SF
Price / SF:
$671/SF
Added:
Oct 3, 2023
Days on Market:
1012
Last Refresh:
Jun 28 at 11:40 pm

Property Features for 617 North La Brea Avenue

General Information

Standard status
Active
Size
6,400 SF
Property subtype
MU

Building Details

Year Built
1930

Listing office KW Commercial Los Feliz

Listing date Oct 3, 2023

Source Realnex

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 KW Commercial Los Feliz


Investment Insights

Based on property information with market context.

This property presents a rare opportunity for retail or restaurant owner-users, as well as future development potential, within the dynamic La Brea revitalization corridor. Located on La Brea Avenue, the property borders the 200,000 square foot 639 S La Brea Hotel and Residences project. The location is suitable for concept or upscale dining and entertainment venues. The 600 block of South La Brea is home to the acclaimed République Café, Restaurant & Bakery. The property currently hosts Mix Furniture and utilizes 5,000 square feet for retail floor space on the first floor, along with 1,400 square feet of office and administrative space on the second floor.

Key Highlights

  • Rare opportunity in the dynamic La Brea revitalization corridor.
  • Perfect location for concept or upscale dining and/or entertainment.
  • Borders the 200,000 SF 639 S La Brea Hotel and Residences project.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Absolute Appliances Home Appliance Store

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Adult Day Care Mobile Phone Store Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Retail/restaurant space in dynamic La Brea revitalization corridor.
Where is this mixed-use property located?
The property is located at 617 North La Brea Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,298,000.
What are key features of this property?
This property features: Rare opportunity in the dynamic La Brea revitalization corridor.; Perfect location for concept or upscale dining and/or entertainment.; Borders the 200,000 SF 639 S La Brea Hotel and Residences project.
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