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1948 E 7th St 2,620 - 5,360 SF of Retail Space Available in Los Angeles, CA 90021
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,620-5,360 SF | 14’ - 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Brand new, fully built-out bar/lounge with a Type 48 License approval. 9AM - 2AM. Bar, dancing. On site parking. Truly one of the best corners and locations in the DTLA Arts District. Next door to Everson Royce Bar and restaurant. Across the street from Holy Basil, Kafe, Lucky Steakhouse, Yess Japanese restaurant. Bread Lounge and Bestia are just a block away. Warner Music office also one-half block away. Terrific location and very rare opportunity. Asking $475,000 for the asset buildout, but can make the entire building available which also includes a full restaurant, bar, and outside patio - with parking for an asking price of $975,000. Please call for details.
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- High Ceilings
- Plug & Play
- Finished Ceilings: 14’ - 18’
- Newly constructed bar. Type 48 - full liquor.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1948 E 7th St, Los Angeles, CA 90021
- Tenant
- Description
- US Locations
- Reach
- Erb
- Cocktail Bar
- 1
- -
- Everson Royce
- Cocktail Bar
- 1
- -
| Tenant | Description | US Locations | Reach |
| Erb | Cocktail Bar | 1 | - |
| Everson Royce | Cocktail Bar | 1 | - |
Property Facts
| Total Space Available | 5,360 SF | Property Subtype | Bar |
| Min. Divisible | 2,620 SF | Gross Leasable Area | 5,363 SF |
| Property Type | Retail | Year Built | 1928 |
| Total Space Available | 5,360 SF |
| Min. Divisible | 2,620 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 5,363 SF |
| Year Built | 1928 |
Features and Amenities
- Bus Line
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
1948 E 7th St
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