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457-463 S La Brea 457 La Brea ave 4,716 SF 100% Leased Retail Building Los Angeles, CA 90036 $4,450,000 ($943.60/SF)
INVESTMENT HIGHLIGHTS
- Hard Corner of 6th & La Brea
- Can be delivered Vacant
- Near the Wilshire & La Brea Metro Stop
- Future Development Opportunity
- Potential to build 50+ units
- Large Land Size
EXECUTIVE SUMMARY
Calling all Investors, Developers, Owner-users, and more! This is the 2ND TIME that is property is on the market in nearly 50 YEARS!
We are pleased to present this multi-unit retail property that anchors the high-traffic corner of 6th & La Brea.
Centrally located between West Hollywood, Hollywood, The Fairfax District, Miracle Mile, and Koreatown, this area is rapidly developing into a key live-work-entertainment destination.
With the growing amount of new mixed-use office and retail projects that continue to enhance the area, this is a value-add opportunity for any buyer that wants invest in an already established area with continued growth potential.
Highlights:
457 S La Brea: +/- 4,716 SF
467 S La Brea: +/- 5,250 SF
Total Building SF: +/- 9,966 SF
Land: +/- 9,500 SF
We are pleased to present this multi-unit retail property that anchors the high-traffic corner of 6th & La Brea.
Centrally located between West Hollywood, Hollywood, The Fairfax District, Miracle Mile, and Koreatown, this area is rapidly developing into a key live-work-entertainment destination.
With the growing amount of new mixed-use office and retail projects that continue to enhance the area, this is a value-add opportunity for any buyer that wants invest in an already established area with continued growth potential.
Highlights:
457 S La Brea: +/- 4,716 SF
467 S La Brea: +/- 5,250 SF
Total Building SF: +/- 9,966 SF
Land: +/- 9,500 SF
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,716 SF
Building Class
B
Year Built
1929
Price
$4,450,000
Price Per SF
$943.60
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.22 AC
Zoning
LAC2 - Commercial - Tier 4 TOC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dispella
- Retailer
- -
- -
- Apr 2025
- Modern Hairetage
- Services
- -
- -
- May 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dispella | Retailer | - | - | Apr 2025 | ||
| Modern Hairetage | Services | - | - | May 2026 |
Walk Score®
Walker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5508-006-013 | Improvements Assessment | $615,709 |
| Land Assessment | $1,847,139 | Total Assessment | $2,462,848 |
PROPERTY TAXES
Parcel Number
5508-006-013
Land Assessment
$1,847,139
Improvements Assessment
$615,709
Total Assessment
$2,462,848
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457-463 S La Brea | 457 La Brea ave
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