Property summary
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 profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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