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Property profile

1403 3Rd St Los Angeles, CA 90017

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Discover a fantastic retail opportunity in Los Angeles' vibrant Westlake North submarket. This Class B building, located at 1403 W 3rd St, offers 3,000 square feet of vacant space, perfect for a single tenant. The property is situated in a high-traffic area, minutes west of Downtown Los Angeles, and benefits from excellent foot traffic. The space is adaptable to various uses, including medical office, creative office, or traditional office spaces, as well as retail concepts such as a bar, sports bar, nightclub, liquor store, restaurant, cigar shop, or tobacco retailer. The building itself is a three-story structure with one building in total. The zoning is C2. Previous tenants included a bar, and some equipment may remain. This location offers easy access to shops and transportation, making it an ideal spot for a thriving business. The available space is flexible, ranging from 1,000 to 3,000 square feet. This property presents a unique chance to establish a presence in a dynamic and well-connected area of Los Angeles. The cross street is Lucas.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Music Venue Theater & Performing Art Venue

Location

1403 3Rd St Los Angeles, CA 90017
Los Angeles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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