457 La Brea ave - Storefront FOR SALE


Los Angeles, CA 90036- Miracle Mile
$10,950,000 USD
310-650-7545
457 La Brea ave, Los Angeles, CA for Sale
$10,950,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

NEW


457 La Brea ave
Los Angeles, CA 90036
Miracle Mile


HIGHLIGHTS

  • Hard Corner of 6th & La Brea
  • Future Development Opportunity
  • Can be delivered Vacant
  • Potential to build 50+ units
  • Near the Wilshire & La Brea Metro Stop
  • Large Land Size

OVERVIEW

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

FOR SALE DETAILS

PRICE

$10,950,000 USD

PRICE/SF

$2,365 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

457-467 S La Brea

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,500 SF

ZONING

LAC2

APN/PARCEL ID

5508-006-013

ASK ABOUT THIS PROPERTY

Ryan GurmanCBREMore Info
310-650-7545

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Ryan GurmanCBREMore Info
310-650-7545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.