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8361 - 8371 W 3rd St Los Angeles, CA 90048

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Retail and restaurant property on West 3rd Street for sale.

Type:Retail
Property size:
8,159 SF
Lot size:
0.25 Acres
Added:
Sep 14, 2022
Days on Market:
1313
Last Refresh:
Mar 17 at 1:15 pm

Property Features for 8361 - 8371 W 3rd St

General Information

Standard status
Active
Size
8,159 SF
Lot size
0.25 Acres
Property subtype
Retail

Building Details

Year Built
1946

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Listing Contact
Elizabeth Clark

Listing agent Elizabeth Clark License #CA 01811246

Listing office Kidder Matthews

Listing date Sep 14, 2022

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 Kidder Matthews


Overview

Prime Retail on West 3rd

Located on West 3rd Street in Los Angeles, this property features nine separate retail, beauty boutique, and restaurant locations, totaling approximately 8159 square feet. Situated on a 10,930 square foot lot, the property includes rear parking for 18 cars. The property has over 100 feet of frontage on West 3rd Street at the corner of West 3rd Street and Kings Road, between The Grove and The Beverly Center. The location is near Magnolia Bakery, Joan’s on Third, The Orlando Hotel, and Toca Madera, and is less than a 5-minute drive to The Grove, The Farmers Market, The Beverly Center, and Cedars Sinai. The property is adjacent to residential neighborhoods and experiences high foot traffic. The site is located near Cedars Sinai Hospital, which employs over 14,000 staff, including 2,000 physicians. The property houses long-term tenants and offers potential to increase gross revenues.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

La La Land ... Cafe & Coffee Shop

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience 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
-118.3722984
Latitude
34.0730665

FAQs

What type of property is this?
Retail space - Retail and restaurant property on West 3rd Street for sale.
Where is this retail space located?
The property is located at 8361 - 8371 W 3rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $11,950,000.
What are key features of this property?
This property features: Prime West 3rd Street location between The Grove and The Beverly Center.; Significant upside potential to increase gross revenues.; Large 10,930 sq. ft. lot with 8,159 sq. ft. of retail space and 18‑car parking.
More about this property
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