1405 3Rd St Los Angeles, CA 90017
This exceptional 1,000 square foot retail space is ideally situated in the West Lake North submarket of Los Angeles, California, at 1405 W 3rd St, 90017. Classified as a Class B property, this multi-tenant building offers a fantastic opportunity for a variety of businesses. The zoning is C2, allowing for diverse uses such as retail, restaurant, bar, smoke shop, or liquor store. The property boasts excellent foot traffic, previously occupied by a sports bar and liquor store, and benefits from its proximity to other shops and convenient transportation options. Located minutes west of Downtown Los Angeles, this space provides easy access to the city's vibrant core. The lease includes all remaining equipment left behind by the previous tenant. The property is conveniently located near the intersection of W 3rd St and Lucas St. This is a rare opportunity to establish or expand your business in a high-demand area with significant potential for growth. The total building square footage is 1,000 square feet.
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.