4005 W 3rd St | Los Angeles, CA 90020
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This Retail Property is no longer advertised on LoopNet.com.
4005 W 3rd St
Los Angeles, CA 90020
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Located at the signalized intersection of major north-south arterial - Normandie Avenue - and major east-west arterial - Third Street
- Single tenant net lease; Highly visible and large monument pole signage; Easy access on Third St. and Normandie Ave.
- Submarket vacancy rate estimated below 3.9%; Potential for hedge against inflation
- Fair market rent adjusted in 2025 (Estimated stabilized cap rate of 6.85%); Long term tenancy and future development potential
- Walk Score of 92 - Walker’s Paradise; Nearly ±50,000 CPD at intersection
- Incredibly dense local residential market
PROPERTY FACTS
Property Type
Retail
Building Size
5,732 SF
Building Class
B
Year Built
1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.35 AC
Zoning
LAC2 - Commercial
Parking
21 Spaces (3.66 Spaces per 1,000 SF Leased)
Frontage
- 201’ on West 3rd Street
- 141’ on South Normandie Avenue
PROPERTY TAXES
| Parcel Number | 5518-001-029 | Improvements Assessment | $780,300 |
| Land Assessment | $2,809,080 | Total Assessment | $3,589,380 |
PROPERTY TAXES
Parcel Number
5518-001-029
Land Assessment
$2,809,080
Improvements Assessment
$780,300
Total Assessment
$3,589,380
Listing ID: 27529181
Date on Market: 1/17/2023
Last Updated:
Address: 4005 W 3rd St, Los Angeles, CA 90020
The Koreatown Retail Property at 4005 W 3rd St, Los Angeles, CA 90020 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
- Downtown Los Angeles Retail Spaces
- Mid-Wilshire Retail Spaces
- Greater Culver City Retail Spaces
- Koreatown Retail Spaces
- Northeast Los Angeles Retail Spaces
- East Hollywood Retail Spaces
- Westlake Retail Spaces
- Fashion District Retail Spaces
- Melrose Retail Spaces
- South Central LA Retail Spaces
- Beverly Grove Retail Spaces
- Chandler Park Retail Spaces
- Harvard Heights Retail Spaces
- Westwood Retail Spaces
- Beverlywood Retail Spaces
NEARBY LISTINGS
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- 4071 S Main St, Los Angeles CA
- 6662-6666 Hollywood Blvd, Los Angeles CA
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- 115 N Fairfax Ave, Los Angeles CA
- 7661-7663 Melrose Ave, Los Angeles CA
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