1403 3Rd St Los Angeles, CA 90017
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.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.