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345 N La Brea Ave 12,335 SF 94% Leased Retail Building Los Angeles, CA 90036 $6,500,000 ($526.96/SF)
Investment Highlights
- Heavy traffic count
- Just blocks from the High End Hancock Park District
- Parking behind and under the building
- Frontage to La Brea Ave
- Elevator
- Value add available with rooftop and 40% vacancy
Executive Summary
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$465,000
|
$37.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$465,000
|
$37.70
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $465,000 |
| Annual Per SF | $37.70 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $465,000 |
| Annual Per SF | $37.70 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- 24 Hour Access
- Courtyard
- Food Court
- Restaurant
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Space is 573 net square feet. With the building load factors for patio areas, common area, underground securred parking, bathroom including the janitorial, the modified gross leaseable square footage is 785. There are no other cam charges other than percentage increase after base year of leasehold on property insurance, tax increases and any catestrophic capital expense to the building tied to the overall aggregate percentage of expense. Capital expenses are amortized over 144 months. The space is in shell condition. This is the last open space available in the building.
| Space | Size | Space Use | Position | Available |
| 203A | 785 SF | Office | - | Apr 2026 |
203A
| Size |
| 785 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Apr 2026 |
203A
| Size | 785 SF |
| Space Use | Office |
| Position | - |
| Available | Apr 2026 |
Space is 573 net square feet. With the building load factors for patio areas, common area, underground securred parking, bathroom including the janitorial, the modified gross leaseable square footage is 785. There are no other cam charges other than percentage increase after base year of leasehold on property insurance, tax increases and any catestrophic capital expense to the building tied to the overall aggregate percentage of expense. Capital expenses are amortized over 144 months. The space is in shell condition. This is the last open space available in the building.
Nearby Major Retailers
Property Taxes
| Parcel Number | 5525-033-030 | Improvements Assessment | $3,141,248 (2025) |
| Land Assessment | $1,306,116 (2025) | Total Assessment | $4,447,364 (2025) |
Property Taxes
Presented by
345 N La Brea Ave
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