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1936-1940 Hillhurst Ave
Los Angeles, CA 90027
PRICE REDUCTION - Los Feliz Village Retail · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,765 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.16 AC
Zoning
C4
Parking
6 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
51’ on Hillhurst Ave

About 1936-1940 HILLHURST AVE , LOS ANGELES, CA 90027

Marcus & Millichap is pleased to present the opportunity to purchase 1936 Hillhurst Avenue, a 2,765 square-foot multi-tenant mixed use retail & office building located in the heart of Los Feliz Village, one of L.A.’s most trendy and walkable commercial districts. 1936 Hillhurst Avenue is currently 71% occupied. Maru Coffee, the solitary retail tenant, began its occupancy in 2016 and has quickly become the go-to coffee spot on Hillhurst Avenue, and is regarded by many as the best coffee in Los Feliz. The remainder of the property consists of office space tucked behind the coffee shop, with individual access to each unit and private, gated parking in the rear of the property. The property has been meticulously maintained and improved over time and the attention to detail along with the small unit sizes makes the property extremely attractive to a wide variety of potential tenants. The property is ideally positioned along Hillhurst Avenue, north of Franklin Avenue and south of Clarissa Avenue, directly next door to the popular Mustard Seed Café. The property is surrounded by a variety of unique shopping and dining destinations, bars, a neighborhood movie house, an independent bookstore, under-the-radar boutiques, and a number of longstanding local businesses, which give Los Feliz its distinctive small town vibe. 1936 Hillhurst Avenue offers an investor the unique opportunity to purchase a prime asset along a coveted street where properties rarely change hands. Los Feliz is well-located in Los Angeles, just minutes away from Downtown Los Angeles, Hollywood, and Silver Lake. Rapid development in these bordering neighborhoods will further add value to the immediate area over time.

Property Taxes

Property Taxes

Parcel Number
5590-011-009
Land Assessment
$2,035,821
Improvements Assessment
$418,317
Total Assessment
$2,454,138
  • Listing ID: 14179321

  • Date on Market: 10/24/2018

  • Last Updated:

  • Address: 1936-1940 Hillhurst Ave, Los Angeles, CA 90027

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