152 La Brea Ave Los Angeles, CA 90036-2912
Property summary
This exceptional 6,265 square foot retail property, located at 152-154.5 N La Brea Avenue in Los Angeles, CA 90036, presents a compelling owner-user or investment opportunity. Built in 1928, this two-story building boasts a 100% occupancy rate with a multi-tenant lease structure. Currently operating as a combination office and showroom space, the property is zoned LAC2, offering versatile usage potential. Situated in the highly desirable Hollywood submarket, near The Grove and numerous upscale businesses, this location benefits from a dynamic, pedestrian-friendly commercial corridor with adjacent residential areas. The asking price is $3,595,000, translating to $573.82 per square foot. The property's central location, flexible zoning, and strong occupancy make it an attractive prospect for both owner-occupiers and investors seeking a prime retail space in a thriving Los Angeles neighborhood. The property features a net lease structure and is currently available for immediate possession. The APN is 5513-003-006. This is a rare opportunity to acquire a well-positioned retail asset in a high-demand area.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store Furniture & Home Goods
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Art
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Los Angeles, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for LAC2 in Los Angeles, CA.
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