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    8377 3Rd St Los Angeles, CA 90048

    For Lease
    Contact for pricing

    Prime West 3rd Street location, 3,000 sq ft.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3,000-square-foot retail space is ideally situated on West 3rd Street in the vibrant West Hollywood/Beverly Grove area of Los Angeles, California. The property, located at 8377 W 3rd St, zip code 90048, is a single-tenant space perfect for a variety of commercial uses. Built in 1937 and renovated in the same year, the building offers significant potential for a business seeking high visibility and foot traffic. The location boasts immense walkability and excellent drive-by visibility, placing your business at the heart of one of Los Angeles' most dynamic and affluent communities. This is a second-generation Medspa and retail space, offering a ready-made infrastructure for a similar business or adaptable to other retail concepts. The property benefits from its proximity to a variety of successful businesses, including Lalaland, Magnolia Bakery, Joan's on Third, Madison Reed, Pali Hotel, and The New Bar, ensuring a strong and established commercial environment. The property is located in Los Angeles County. The entire 3,000 square feet is currently vacant and available for immediate occupancy.

    Property Features for 8377 3Rd St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF

    Building Details

    Year Renovated
    1937

    Unit(s) available at that property

    Space
    Available space
    Size
    3,000 SF

    HighLights

    • Flagship retail location.
    • High‑profile retail space.
    • 3,000 square feet of prime retail space.
    • Convenient bus line access.
    • Excellent signage opportunities.
    • Abundant natural light from skylights.
    Property Profile Location Intelligence

    Current Use by Public Records

    SoCal Wedding Florist Florist Face Haus - West ... Spa

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3727225
    Latitude
    34.0731334

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    FAQs

    What type of property is this?
    Retail property - Prime West 3rd Street location, 3,000 sq ft.
    Where is this retail property located?
    The property is located at 8377 3Rd St Los Angeles, CA.
    What are key features of this property?
    This property features: Flagship retail location.; High-profile retail space.; 3,000 square feet of prime retail space.
    Request Owner's contact information
    8377 3Rd St Los Angeles, CA 90048
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    Los Angeles, CA 90048
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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
    8377 3Rd St Los Angeles, CA 90048
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