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8706 W 3rd St
Los Angeles, CA 90048
Retail Property For Sale
Investment Highlights
- Signalized corner intersection of Hamel & 3rd (southwest corner)
- Great in place tenant A.O.C Paying $7.43/SF NNN with 4 yrs left on lease
- Area sales and rents demanding high price per SF
- Total daytime population is 67,363 with average household income of $122,132 within a 1 mile radius
- 92 Walk score – within close proximity to an array of fine dining, shopping and entertainment options “Walkers Paradise”
- Tremendous visibility, high identity location
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,720 SF
Building Class
B
Year Built
1926
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.15 AC
Zoning
LA-C2 - 1 Dwelling for every 400 SF of Land - Eligible for TOC Tier 2
Parking
4 Spaces (0.85 Spaces per 1,000 SF Leased)
Frontage
130’ on W 3rd St
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 4334-011-008 | Improvements Assessment | $969,000 |
| Land Assessment | $8,160,000 | Total Assessment | $9,129,000 |
Property Taxes
Parcel Number
4334-011-008
Land Assessment
$8,160,000
Improvements Assessment
$969,000
Total Assessment
$9,129,000
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