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516-518 N La Brea Ave
Los Angeles, CA 90036
Retail Opportunity - Motivated Seller · Retail Property For Sale
Investment Highlights
- Value-Add or Owner-User Opportunity Ideally Located Along La Brea Avenue, Minutes from The Grove
- Strong Underlying Demographics with Dense Immediate Population
- Positioned at the corner of N La Brea Avenue and Rosewood Avenue, the property benefits from significant foot traffic generated by nearby attraction
- 4,100 square feet of mixed-use space, ideal for a variety of commercial uses, including retail, office, or creative workspaces
- La Brea Avenue is a Vibrant Los Angeles Neighborhood Proximate to Desirable Amenities
- Daily traffic counts exceed 40,000 vehicles
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,100 SF
Building Class
C
Year Built
1937
Tenancy
Single
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.10 AC
Zoning
LAC4-1VL - General Commercial
Parking
4 Spaces (0.98 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 5525-020-008 | Improvements Assessment | $1,153,756 |
| Land Assessment | $2,389,439 | Total Assessment | $3,543,195 |
Property Taxes
Parcel Number
5525-020-008
Land Assessment
$2,389,439
Improvements Assessment
$1,153,756
Total Assessment
$3,543,195
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