Current Use by Public Records
- Groundwork Coffee Co. / Restaurant
Property Details for 8121 3Rd St
- Year built
- 1946
- Property type
- Retail properties & Spaces
Description
This exceptional 998-square-foot retail space at 8121 W 3rd St, Los Angeles, CA 90048, presents a unique investment opportunity. Located in a vibrant commercial corridor, this single-tenant property boasts a prime location between the Beverly Center and The Grove/Farmers Market, benefiting from high foot traffic and strong brand recognition. The building, constructed in 1946 and extensively renovated in 2018, offers a modern and functional layout ideal for a variety of retail uses. The property features 400 amps of power, ensuring ample capacity for business operations. The zoning designation is LAC2. With its convenient location, recent renovations, and substantial square footage, this property is perfectly positioned to capitalize on the thriving West 3rd Street retail market. The entire 998 square feet is currently vacant, providing immediate occupancy for a new tenant. This presents a blank canvas for a discerning business owner to establish a thriving enterprise in a highly sought-after Los Angeles location. The property's strategic placement between two major retail destinations guarantees significant visibility and accessibility for potential customers. This is a rare opportunity to acquire a well-maintained, updated retail space in one of Los Angeles' most desirable commercial areas.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.367
- Latitude
- 34.0723
