Log In/Sign Up
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
Percent Leased
100%
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
Property Taxes
| Parcel Number | 5518-001-029 | Improvements Assessment | $795,906 |
| Land Assessment | $2,865,261 | Total Assessment | $3,661,167 |
Property Taxes
Parcel Number
5518-001-029
Land Assessment
$2,865,261
Improvements Assessment
$795,906
Total Assessment
$3,661,167
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
