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8377 3Rd St Los Angeles, CA 90048

OFF-MARKET Retail properties & Spaces Google Maps
3,000 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 3,000-square-foot retail space is ideally situated on West 3rd Street in the vibrant West Hollywood/Beverly Grove area of Los Angeles, California. The property, located at 8377 W 3rd St, zip code 90048, is a single-tenant space perfect for a variety of commercial uses. Built in 1937 and renovated in the same year, the building offers significant potential for a business seeking high visibility and foot traffic. The location boasts immense walkability and excellent drive-by visibility, placing your business at the heart of one of Los Angeles' most dynamic and affluent communities. This is a second-generation Medspa and retail space, offering a ready-made infrastructure for a similar business or adaptable to other retail concepts. The property benefits from its proximity to a variety of successful businesses, including Lalaland, Magnolia Bakery, Joan's on Third, Madison Reed, Pali Hotel, and The New Bar, ensuring a strong and established commercial environment. The property is located in Los Angeles County. The entire 3,000 square feet is currently vacant and available for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,000 SF

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
  • (Bike/Boat/Book/etc) Store Florist
  • Spa & Massage Center

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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