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    343 Glendale Blvd Los Angeles, CA 90026

    Sponsored
    For Lease
    Contact for pricing

    Prime Echo Park retail/restaurant opportunity.

    Lot size:
    31,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 31,600 square foot retail lifestyle center, located at 343 Glendale Blvd, Los Angeles, CA 90026, presents a unique investment opportunity. The single-story, 1921-built property boasts ten suites within a 0.67-acre lot, offering multiple tenancy options. Its industrial-chic design features original concrete floors and exposed brick walls, complemented by abundant natural light. The property enjoys a prime location in Echo Park, close to the 101 and 110 freeways, providing unparalleled accessibility and proximity to downtown Los Angeles. Current tenants include a diverse mix of businesses, including a pizzeria, bakery, yoga studio, and fitness center, creating a vibrant and established retail destination. Recent additions include a bar and bookstore, further solidifying its appeal. The property benefits from a city-approved Master CUP, allowing for flexibility in license types. Twelve parking spaces are available on-site. The property is zoned C2 and has a Los Angeles County APN of 5159-020-024. This is an ideal location for restauranteurs and bar operators, though separate ABC licenses will be required. The property's unique character and established tenant base make it a highly desirable investment.

    Property Features for 343 Glendale Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,600 SF

    Building Details

    Year Built
    1921
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    309-311
    Size
    2,168 SF
    Space
    313-315
    Size
    2,608 SF

    HighLights

    • 31,600 SF retail lifestyle center on a 0.67‑acre lot in Los Angeles' Echo Park neighborhood.
    • Prime location near the 101 & 110 freeways, minutes from Downtown LA and Sunset Boulevard.
    • City‑approved Master CUP allows for flexibility in license types, including ABC licenses.
    • Strong tenant mix including a pizzeria, bakery, yoga studio, fitness center, bar, and bookstore.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.2607146
    Latitude
    34.0667569

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    FAQs

    What type of property is this?
    Restaurant - Prime Echo Park retail/restaurant opportunity.
    Where is this restaurant located?
    The property is located at 343 Glendale Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: 31,600 SF retail lifestyle center on a 0.67-acre lot in Los Angeles' Echo Park neighborhood.; Prime location near the 101 & 110 freeways, minutes from Downtown LA and Sunset Boulevard.; City-approved Master CUP allows for flexibility in license types, including ABC licenses.
    Request Owner's contact information
    343 Glendale Blvd Los Angeles, CA 90026
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    Los Angeles, CA 90026
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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
    343 Glendale Blvd Los Angeles, CA 90026
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