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    1221 3Rd St Los Angeles, CA 90017

    Sponsored
    For Lease
    Contact for pricing

    Prime Los Angeles retail space, multiple suites available.

    Lot size:
    7,848 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Discover The Visconti, a stunning Italian Renaissance-inspired mixed-use building in the heart of Los Angeles, CA (90017), at 1221 W 3rd St. This exceptional property offers 7,848 square feet of prime retail space currently available for lease. The building features three total suites, with a minimum divisible space of 1,400 square feet and a maximum contiguous space of 5,006 square feet. The flexible layout allows for a variety of retail concepts, catering to businesses seeking spaces ranging from approximately 1,505 to 5,195 square feet. All available spaces boast highly visible ground-level street frontage, ensuring maximum exposure and foot traffic. Located in Los Angeles County, this property presents a unique opportunity to establish a presence in a vibrant and desirable location. The building's architectural design and prime location combine to create an exceptional retail environment. Seize this chance to secure your ideal retail space within this prestigious mixed-use development. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1221 3Rd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,848 SF

    Unit(s) available at that property

    Space
    Space 1
    Size
    1,560 SF
    Space
    Space 3
    Size
    5,195 SF
    Space
    Space 2
    Size
    1,505 SF

    HighLights

    • 7,848 SF of prime retail space available for lease in a stunning Italian Renaissance‑inspired building.
    • Highly visible ground‑floor units ranging from 1,505 to 5,195 SF.
    • +/- 1,505 SF former Subway restaurant space available.
    • Excellent visibility at the hard corner of W. 3rd & S. Boylston Streets, near the Harbor Freeway (Highway 110) in City West, Los Angeles.
    • Desirable location with abundant amenities, proximity to Downtown LA, and easy freeway access (Hwy 101 & 110).
    • Good street parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wasserman Partners LLC Business Management Consultant Web Experts Inc Website Designer SCALA Architecture Architect ATM Atm USMEDITECH LLC Medical Supply Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Kitchen & Bath

    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
    -118.2583914
    Latitude
    34.0570927

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Los Angeles retail space, multiple suites available.
    Where is this office property / space located?
    The property is located at 1221 3Rd St Los Angeles, CA.
    What are key features of this property?
    This property features: 7,848 SF of prime retail space available for lease in a stunning Italian Renaissance-inspired building.; Highly visible ground-floor units ranging from 1,505 to 5,195 SF.; +/- 1,505 SF former Subway restaurant space available.
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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
    1221 3Rd St Los Angeles, CA 90017
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