702 3Rd St Los Angeles, CA 90013
This exceptional commercial property, located at 734-740 E. 3rd Street & 702 Traction Avenue in Los Angeles, CA 90013, offers a unique opportunity for retail or restaurant businesses. The property boasts a total of 8,300 square feet, with 4,400 square feet currently vacant and available for lease. The space is divisible, with a minimum leasable area of 2,000 square feet and a maximum contiguous space of 4,400 square feet. This flexible layout caters to a variety of business needs, from smaller boutiques to larger restaurants. The property's location in the vibrant and historic district of Los Angeles offers high visibility and foot traffic, making it an ideal location for businesses seeking a strong presence in a bustling urban environment. The address is strategically positioned at the intersection of E. 3rd Street and Traction Avenue, ensuring excellent accessibility and exposure. This is a rare chance to secure a prominent retail or restaurant space in a highly desirable Los Angeles location. The property is ready for immediate occupancy. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.