8361 3Rd St Los Angeles, CA 90048
- Retail space
- 8,159 SF
- 0.25 lot acres
Current Use by Public Records
- La La Land Kind Cafe (cafe de lala) / Coffee Shop
Property Details for 8361 3Rd St
- Year built
- 1946
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.25 lot acres
- Property size
- 8,159 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 5511-015-017
- APU
- 5511015017
Description
This exceptional retail storefront, located at 8361-8371 W 3rd St, Los Angeles, CA 90048, presents a rare investment opportunity. Boasting 8,159 square feet on a 10,930 square foot lot, this property features 18 parking spaces and over 100 feet of prime frontage on West 3rd Street, situated at the corner of West 3rd and Kings Road. Built in 1946, the property is zoned LAC2 and offers a compelling 4.15% cap rate with an asking price of $11,950,000 ($1,495/sq ft
Value Estimation
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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
- -118.372
- Latitude
- 34.0732
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA