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Property profile & analytics
OFF-MARKET
Turn key restaurants

8422 3rd St Los Angeles, CA 90048-4112

2,400 SF 0.1 ac lot Built 1946
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7704309
Property summary
AI-generated overview

This exceptional Los Angeles retail property, located at 8422 W 3rd Street, offers a rare opportunity for businesses seeking high-visibility space in a vibrant location. The building totals 2,500 square feet and is currently 100% vacant, presenting a unique chance to customize the space to perfectly suit your needs. The property is divided into two suites, with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,000 square feet, providing flexibility for various business models. Ideal for restaurants or retail establishments, this property benefits from its prime location on West 3rd Street in Los Angeles, California, within Los Angeles County, zip code 90048. The property's address is 8422 W 3rd St. This is a truly remarkable opportunity to establish a presence in a high-traffic area with significant foot and vehicle traffic. The building's layout allows for adaptable configurations, making it suitable for a variety of uses. The entire 2,500 square feet is available for lease, offering a significant advantage for businesses seeking substantial space. Don't miss this chance to secure a coveted location on West 3rd Street. This property is zoned for retail and restaurant uses. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction WOOD
Total area 2,400 SF
Lot 0.1 ac (4,402 SF)
Zoning code LAC2
APN 5511-032-042
UPID US09-7704309
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Googy (Bike/Boat/Book/etc) Store
  • Cobi's Curries Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
3rd & Croft Partners LLC · 18 yrs held
3rd & Croft Partners LLC
since 2008
2 recorded transactions
2008
Price N/A
1999
Price N/A
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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