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Executive Summary

This exceptional mixed-use building in the heart of Mid-City Los Angeles offers a unique opportunity for owner-users. The expansive first-floor commercial kitchen is fully equipped with three hoods, two walk-in fridges, a walk-in freezer, and ample prep space, making it ideal for a commissary, catering operation, restaurant, or even a shared kitchen such as a ghost kitchen. The flexible layout includes areas suitable for dining, office, or additional prep space, with dedicated parking in the back for the convenience of your operation.
Upstairs, four residential units offer a great income opportunity or live-work arrangement.
Centrally located with easy access to the 10 Freeway, this property provides unparalleled convenience for both business and residential use.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,129 SF
Building Class
C
Year Built
1927
Price
$2,990,000
Price Per SF
$487.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.15 AC
Zoning
LACM - Commercial
Parking
6 Spaces (0.98 Spaces per 1,000 SF Leased)
Frontage
40’ on West Washington Boulevard

Amenities

  • Signage
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Somewhat bikeable
30/100

Nearby Major Retailers

Planet Fitness
Starbucks
Food 4 Less
Smart & Final
Chase
Yoshinoya
Bank of America
U.S. Bank
Bank of America Mortgage
Ralphs

Property Taxes

Property Taxes

Parcel Number
5060-026-002
Land Assessment
$557,556
Improvements Assessment
$402,166
Total Assessment
$959,722
  • Listing ID: 33140192

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 3414 W Washington Blvd, Los Angeles, CA 90018

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