Retail Property in Beverly
For Sale
Contact for pricing
8300 W 3rd Street, Los Angeles, CA 90048
Multi-tenant retail property in a high-traffic, affluent area.
Property Size5,330 SF
Lot Size0.11 Acres
Price / SF$928.71
Days on Market143
Property Features for 8300 W 3rd Street
General Information
Standard status
Active
Size
5,330 SF
Total Parking Spaces
13
Lot size
0.11 Acres
Property subtype
Retail
Zoning
C2-1VL-0
Occupancy
100%
Lease Type
NNN
Net Operating Income
$231,756
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
WESTMAC
Listed By:
William Althouse · License #CA 01403020
Source:
Crexi
Added: Mar 23
Changed: Aug 11
Last Checked: Aug 11 at 4:33PM
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 WESTMAC
Investment Insights
Based on property information with market context.
The property at 8300 W. 3rd Street in Los Angeles, CA, is a multi-tenant retail property. Constructed in 1950 and recently renovated, the building offers approximately 5,330 rentable square feet of storefront retail space on a 4,956 square foot lot. The property is located along 3rd Street, west of Fairfax Avenue, near The Grove shopping center and Farmers Market, in the Beverly Grove neighborhood. This location benefits from high foot traffic and visibility within a pedestrian-friendly district known for its village atmosphere. The area is characterized by a high-density, affluent population and a mix of independent boutiques, flagship retail stores, and restaurants. The location has a Walk Score of 95+, offering accessibility and connectivity. The surrounding demographics include high disposable incomes and a concentration of professionals in the entertainment, fashion, and technology sectors. The property is triple net (NNN) leased.
Key Highlights
- Premier location in Beverly Grove, a highly sought‑after retail and lifestyle corridor.
- High foot traffic and visibility on West 3rd Street, near The Grove and Farmers Market.
- Multi‑tenant triple net (NNN) leased retail property, offering a potentially stable income stream.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11,393
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 retail property in a high-traffic, affluent area.
Where is this storefront property located?
The property is located at 8300 W 3rd Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Premier location in Beverly Grove, a highly sought‑after retail and lifestyle corridor.; High foot traffic and visibility on West 3rd Street, near The Grove and Farmers Market.; Multi‑tenant triple net (NNN) leased retail property, offering a potentially stable income stream.
