7961 W 3Rd St Los Angeles, CA 90048
Property profile & analytics
7961 W 3Rd St Los Angeles, CA 90048
- Retail space
- 7,232 SF
- 0.13 lot acres
Property ID
US09-7304973
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Los Angeles City Law / Law Firm
- BeLove / Association / Organization
- Accident Geeks / Law Firm
- GO CLEAN / Waste Management Facility
- Rendezvous Flowers / (Bike/Boat/Book/etc) Store / Florist
Property Details for 7961 W 3Rd St
- Year built
- 1957
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 7,232 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 5511-026-001
- APU
- 5511026001
Description
This exceptional 3,961 square foot single-tenant retail space is ideally situated at 7961 W 3rd Street in Los Angeles, California, within Los Angeles County (zip code 90048). Built in 1957, this hard corner flagship retail/cafe space presents a unique opportunity for a discerning tenant. The entire building is currently vacant, offering immediate occupancy for a business seeking a high-visibility location. The property boasts a highly desirable "hard corner" location, ensuring maximum street exposure and foot traffic. While the property itself doesn't have dedicated parking, shared patio and parking options are available in the immediate vicinity, catering to both staff and customers. This presents a rare chance to establish a prominent presence on a bustling West 3rd Street thoroughfare. The property's substantial square footage allows for versatile configurations to suit a variety of retail or cafe concepts. Its location in Los Angeles offers access to a large and diverse consumer base. This is a turnkey opportunity for a business seeking a prime location with significant street presence in a vibrant Los Angeles neighborhood. The property is available for lease.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,770,000
- ML approach
- $4,865,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.364
- Latitude
- 34.0721
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$75,793
$5,202,000
$1,040,400
$6,242,400
-
$0.00
$0.00
$0.00
