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    3Rd St Los Angeles, CA 90013

    Sponsored
    For Lease
    Contact for pricing

    Prime LA location, 47,245 SF available

    Lot size:
    66,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional commercial property, located at 806-820 E 3rd St in Los Angeles, CA 90013, presents a unique investment opportunity in the vibrant Arts District. The building, originally constructed in 1910 and extensively renovated in 2019, offers a total of 66,800 square feet of retail and restaurant space, currently configured as a single, large suite. A significant 47,245 square feet is immediately available for lease. Situated in Los Angeles County, this low-rise building boasts a distinctive urban-industrial aesthetic, reflecting the area's rich history while providing modern amenities. Its location on the same corner as the historic Joel Bloom Square underscores its connection to the community. The property's design encourages interaction and community building, blurring the lines between public and private spaces. This mixed-use complex offers an unparalleled chance to establish a presence in a thriving, dynamic neighborhood known for its artistic energy and community spirit. The property's size and layout provide exceptional flexibility for a variety of retail or restaurant concepts. This is a rare opportunity to secure a substantial space in a highly sought-after Los Angeles location.

    Property Features for 0 3Rd St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,800 SF

    Building Details

    Year Built/Renovated
    1910/2019

    Unit(s) available at that property

    Space
    Available Space
    Size
    47,245 SF

    HighLights

    • 806‑820 E 3rd St, Los Angeles, CA 90013: Exceptional investment opportunity in the Arts District.
    • 66,800 SF retail/restaurant space, currently one large suite.
    • 47,245 SF immediately available for lease.
    • 1910 building, extensively renovated in 2019; low‑rise with urban‑industrial aesthetic.
    • Located on Joel Bloom Square.
    • Highly flexible space for various retail or restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.2359039
    Latitude
    34.0455918

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    FAQs

    What type of property is this?
    Restaurant - Prime LA location, 47,245 SF available
    Where is this restaurant located?
    The property is located at 3Rd St Los Angeles, CA.
    What are key features of this property?
    This property features: 806-820 E 3rd St, Los Angeles, CA 90013: Exceptional investment opportunity in the Arts District.; 66,800 SF retail/restaurant space, currently one large suite.; 47,245 SF immediately available for lease.
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    3Rd St Los Angeles, CA 90013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3Rd St Los Angeles, CA 90013
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