8117 3Rd St Los Angeles, CA 90048

Property Details for 8117 3Rd St

Year built

1952

Property size

9,376 SF

Property type

Retail properties & Spaces

Description

This exceptional 9,376-square-foot retail property, located at 8117 W 3rd St in Los Angeles, CA 90048, presents a unique investment opportunity. Built in 1952, the single-tenant building offers a blend of classic charm and modern potential. Currently, 920 square feet are vacant, providing immediate opportunity for lease or expansion. The property boasts a highly desirable location on the ground floor of the Youth Academy of Dramatic Arts (YADA), ensuring high foot traffic and visibility. This prime West Los Angeles location places the property in close proximity to a vibrant mix of established businesses, including Warby Parker, Groundworks Coffee, SLAB, and OSTI, creating a synergistic and attractive retail environment. The property features air conditioning and signage opportunities, enhancing its appeal to prospective tenants. With its strategic location, ample square footage, and existing infrastructure, this property is ideally suited for a variety of retail uses. The property's strong location and existing tenant base make it an attractive investment for both owner-occupiers and investors seeking a stable, high-traffic retail space in a thriving Los Angeles neighborhood. The vacant space presents a chance to customize the layout and design to perfectly suit a new tenant's needs. This is a rare opportunity to acquire a well-situated retail property in a highly sought-after area of Los Angeles.