Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8500 3Rd St Los Angeles, CA 90048

    Sponsored
    For Lease
    $71 SF/Yr

    Prime Los Angeles retail space. High visibility location.

    Lot size:
    10,084 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,084 square foot single-story retail center is situated at 8500-8522 W. 3rd Street, Los Angeles, CA 90048, at the southwest corner of 3rd and La Cienega Boulevard. Built in 1986 and renovated in 2017, the property offers multiple tenancy options within a strip center configuration, ideal for restaurant, retail, or salon uses. Four spaces are currently available, ranging from 840 to 984 contiguous square feet, with a total of 2,149 square feet of vacant space. The property sits on a 0.5-acre lot and boasts 27 parking spaces, a significant advantage in this high-traffic area. The center enjoys high street visibility and prominent monument signage. Its strong tenant mix includes established national and regional brands. The property is zoned C2 and offers a minimum divisible space of 840 square feet. This location provides unparalleled access and exposure to a dense population and high volume of foot and vehicle traffic. The property's prime location and amenities make it an exceptional opportunity for businesses seeking a thriving retail environment in Los Angeles.

    Property Features for 8500 3Rd St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,084 SF
    Total Rate
    59999.8

    Building Details

    Year Built/Renovated
    1986/2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    8510
    Size
    960 SF
    Rate per SF
    $95
    Space
    8512
    Size
    984 SF
    Rate per SF
    $71
    Space
    8508
    Size
    840 SF
    Rate per SF
    $88
    Space
    8514 W. 3rd Street
    Size
    936 SF
    Rate per SF
    $88

    HighLights

    • High‑visibility corner location at the signalized intersection of La Cienega, 3rd, and San Vicente Boulevards.
    • Prime location adjacent to the Miracle Mile, Beverly Hills, and West Hollywood.
    • Directly across from the Beverly Center and Beverly Connection shopping centers.
    • Across the street from the Cedars‑Sinai Medical Center.
    • Excellent demographics with surrounding dense residential neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fatburger Hamburger Restaurant Cienaga Plaza Shopping Mall Trabajo Limpieza Restaurant BH Mobile Tire ... Repair Service

    Suggested Use

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

    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
    -118.37655888863
    Latitude
    34.073362991758

    Nearby Similar for Lease

    • $4,512 /Mo
      2,139 SF

      Modern Office Space in San Pedro

      Modern office space for lease in the heart of San Pedro.
      858 W 9Th St, San Pedro, CA 90731
      View Details
    • Contact for pricing
      22,000 SF

      Creative Flex Space in Hollywood

      Reimagined creative flex space near Paramount and Universal Studios.
      5176 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • $18,856 /Mo
      12,036 SF

      Functional Warehouse with Office Space

      Secure Los Angeles warehouse with office, ample parking, and freeway access.
      215 W 134Th St, Los Angeles, CA 90061
      View Details
    • Contact for pricing
      8,688 SF

      Prime Medical/Office Space in Downtown

      8,688 SF medical/office space for lease in Little Tokyo.
      420 E 3Rd St, Los Angeles, CA 90013
      View Details
    • $8,750 /Mo
      1,634 SF

      Venice Creative Office/Live-Work Space

      Unique 1,634 SF creative space in vibrant Venice Beach.
      215 Windward Ave, Venice, CA 90291
      View Details
    • Contact for pricing
      24,300 SF

      Reimagined Creative Flex Space

      Modernized creative flex space in a historic Los Angeles landmark.
      941 E 2Nd St, Los Angeles, CA 90012
      View Details
    • $5,300 /Mo
      5,227 SF

      Versatile Mixed-Use Space in Los Angeles

      Mixed-use space ideal for various businesses in a dynamic location.
      1201 West Temple St, Los Angeles, CA 90026
      View Details
    • Contact for pricing
      10,000 SF

      Los Angeles Office Space Available

      Historic Los Angeles office building with courtyard parking, near Beverly Hills.
      1436 S La Cienega Blvd, Los Angeles, CA 90035
      View Details
    • Contact for pricing
      5,683 SF

      Historic Los Angeles Religious Facility

      Historic religious facility suitable for redevelopment or educational purposes.
      1101 W Florence Ave, Los Angeles, CA 90044
      View Details
    • $3,500 /Mo
      1,480 SF

      Pacoima Mixed-Use Property For Lease

      Versatile 1480 sq ft mixed-use property in prime Pacoima location.
      10615 San Fernando Rd, Pacoima, CA 91331
      View Details
    • $7,200 /Mo
      2,627 SF

      Remodeled Office Space Sublease

      Remodeled office suite in iconic Woodland Hills Class A complex.
      6300 Canoga Ave 590, Woodland Hills, CA 91367
      View Details
    • $3,950 /Mo
      1,200 SF

      Los Angeles Warehouse with Gated Parking

      Turn-key warehouse with gated parking near downtown Los Angeles.
      3242 Fowler St, Los Angeles, CA 90063
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Los Angeles retail space. High visibility location.
    Where is this neighborhood center located?
    The property is located at 8500 3Rd St Los Angeles, CA.
    What is the lease rate?
    The lease rate is $71-$95 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner location at the signalized intersection of La Cienega, 3rd, and San Vicente Boulevards.; Prime location adjacent to the Miracle Mile, Beverly Hills, and West Hollywood.; Directly across from the Beverly Center and Beverly Connection shopping centers.
    Request Owner's contact information
    8500 3Rd St Los Angeles, CA 90048
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8500 3Rd St
    Los Angeles, CA 90048
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8500 3Rd St Los Angeles, CA 90048
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.