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7928 3Rd St Los Angeles, CA 90048

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

Property summary

AI-generated overview

This exceptional 2,100 square foot creative office space is ideally situated on West Third Street, within the vibrant shopping district between the Beverly Center and The Grove. The single-tenant property boasts a beautifully built-out storefront, ready for immediate occupancy. High-end finishes include hardwood floors and an elegant private bathroom. Modern amenities such as an industrial hot water heater and wireless security cameras are already installed. The property also includes exclusive use of a roof sign, providing excellent branding opportunities. Its central location places it in close proximity to a variety of successful retailers and restaurants, including Toast, Joan's on Third, The Little Door, Kingsbury, Milk, and Ethel, ensuring high foot traffic and visibility. Convenient rear parking and ample street parking are also available. This turn-key space presents a rare opportunity for a business seeking a prestigious and well-appointed location in one of Los Angeles' most desirable retail corridors. The property is classified as both retail and office, offering flexibility for a variety of uses. The single-tenant occupancy ensures privacy and control over the space.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Film Production Television Studio
  • Home Decor Store (Bike/Boat/Book/etc) Store

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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