Property summary
This exceptional Los Angeles retail property, located at 3921-3923 W. Jefferson Boulevard, offers 8,859 square feet of versatile space, perfect for a variety of uses. The property features two suites, with a minimum divisible space of 3,259 square feet and a maximum contiguous space of 6,859 square feet. Currently, 6,859 square feet are vacant and immediately available. The building boasts attractive architectural details including polished concrete floors, skylights, and exposed bow truss ceilings. A private outside patio adds to the property's appeal. A significant advantage is the existing Conditional Use Permit (CUB) allowing for the sale and dispensing of alcoholic beverages on-site, ideal for a restaurant or catering business operating between 10 AM and 10 PM. An adjacent building at 3923 W Jefferson Blvd houses a fully built-out commercial kitchen, available for lease starting January 15, 2025, presenting a unique opportunity for a synergistic business model. This property is situated in Los Angeles County, California, with a zip code of 90016, offering excellent visibility and access. The kitchen appliances are available for use within the property. This is a rare opportunity to secure a well-appointed retail space with significant potential in a vibrant Los Angeles location.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
Location
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
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LACM · Los Angeles, CAZoning
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Zoning designation
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