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Restaurant Opportunity in Prime Location

8480 West 3rd Street Los Angeles, CA 90048

8480 West 3rd Street, Los Angeles, CA, 90048
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Turnkey restaurant with entitlements in West Hollywood/Beverly Grove.

Property Size4,056 SF
Price / SF$983.73
AddedMay 12
Days on Market65
Last RefreshJul 5 at 1:28 pm

Property Features for 8480 West 3rd Street

General Information

Standard status
Active
Size
4,056 SF
Property subtype
Retail

Building Details

Year Built
1973

Listing office NAI Capital HQ

Listing date May 12, 2026

Source Crexi

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 NAI Capital HQ


Investment Insights

Based on property information with market context.

Located at the intersection of La Cienega and 3rd Street, 8480 W 3rd Street is surrounded by destinations such as the Beverly Center, Beverly Connection, Pali Hotel, Carla Café, and La La Land Kind Café. The property features restaurant entitlements, including a full liquor license with service until 2 a.m., outdoor dining approval, and reduced parking requirements. Formerly home to The Phoenix, a neighborhood restaurant with a customer base, the 4,056 square-foot space has a track record of success. The property is positioned for a dining concept in West Hollywood/Beverly Grove.

Key Highlights

  • Prime location at the intersection of La Cienega and 3rd Street in West Hollywood/Beverly Grove, offering high visibility and traffic.
  • Includes a full liquor license with service until 2 a.m.
  • Approved for outdoor dining.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Phoenix Bar & Restaurant Bar & Pub

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Adult Day Care Restaurant Pet Grooming Service Daycare Center Grocery & Convenience Store Clothing & Fashion Store Garden Center

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant with entitlements in West Hollywood/Beverly Grove.
Where is this conventional restaurant located?
The property is located at 8480 West 3rd Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Prime location at the intersection of La Cienega and 3rd Street in West Hollywood/Beverly Grove, offering high visibility and traffic.; Includes a full liquor license with service until 2 a.m.; Approved for outdoor dining.
Contact an agent
(818) 742-1632 Call to check price and availability
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