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Corner Retail Space with Patio

7961 W Third Street, Los Angeles, CA 90048

For Lease
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An open interior layout is complemented by access to shared patio space and parking.

Space Size3,961 SF
Days on Market34

Property Features for 7961 W Third Street

General Information

Standard status Active
Size 3,961 SF
Net Rentable 3,961 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 3,961 SF
Contiguous Space 3,961 SF
Space Use Retail/Cafe

Site & Location

Neighborhood Beverly Grove
Corner Location Yes

Amenities

shared patio
parking available

Spaces For Lease

at 7961 W Third Street
#1 Active
Size 3,961 SF
Contact us
Listing Agency: Brandon Cohan Real Estate
Listed By: Brandon Cohan · License #01903949
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 6:02PM

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 Brandon Cohan Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 3,961-square-foot retail suite occupies a corner position and features an open floor plan. Shared patio space and parking are available.

Located at 7961 W Third Street in Los Angeles, the property is minutes from The Grove, Mendocino Farms and Robata Jinya.

Key Highlights

  • 3,961 SF retail suite
  • Corner‑site location on W Third Street
  • Open floor plan

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Los Angeles City ... Law Firm BeLove Association / Organization Accident Geeks Law Firm GO CLEAN Waste Management Facility Rendezvous Flowers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Adult Day Care Plumbing Service Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,771
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Los Angeles, CA

$32.03 /SF/Yr
Avg Asking Price
$2.27–$95.4 /SF/Yr
Price Range
7,239 SF
Avg Space Size

Properties on Market for Retail space in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An open interior layout is complemented by access to shared patio space and parking.
Where is this retail space located?
The property is located at 7961 W Third Street Los Angeles, CA.
What are key features of this property?
This property features: 3,961 SF retail suite; Corner‑site location on W Third Street; Open floor plan
(310) 654-0200 · Office Call to check price and availability
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