Property profile

1900 S La Brea Ave Los Angeles, CA 90016

FOR LEASE
Community centers
Property ID
US09-7860047
7,668 SF 0.39 ac lot Built 1987
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 1900 S La Brea Ave in Los Angeles, California (zip code 90016), offers 3,665 square feet of vacant space, perfect for multiple tenants. The property is currently available in flexible sizes ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,365 square feet. Situated at the highly visible corner of Washington Blvd and S La Brea Ave, this retail center benefits from exceptional foot and vehicle traffic. Recent renovations include new pylon signage, enhancing visibility and attracting potential customers. The property boasts a strong existing tenant mix, creating a vibrant and successful retail environment. Its strategic location offers easy access to major transportation routes, being less than one mile from a freeway on-ramp. The building itself features excellent signage, further maximizing its marketing potential. This is a rare opportunity to secure prime retail space in a high-traffic area with strong demographics, making it an ideal location for a variety of businesses. Los Angeles County is the location.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Construction TILT-UP CONCRETE
Total area 7,668 SF
Lot 0.39 ac (16,973 SF)
Zoning code LAC2
APN 5062-003-033
UPID US09-7860047

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
  • Food Market Farmer's Market
  • Bank Credit Union
  • Bank Credit Union
  • Pet Grooming Service

Location

1900 S La Brea Ave Los Angeles, CA 90016
Los Angeles metro Census 218500 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.60M

Owner & transaction history

since 2000
2 recorded transactions
2000
$1.2M
1969
Price N/A

Zoning & alternative use

LAC2 · Los Angeles, CA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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