600 S La Brea Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90036- Miracle Mile
$12,950,000 USD
424-363-8543
600 S La Brea Ave, Los Angeles, CA for Sale
$12,950,000 USD
Storefront Retail/Residential - FOR SALE
1/68
null | Request Cap Rate

600 S La Brea Ave
Los Angeles, CA 90036
Miracle Mile


HIGHLIGHTS

  • Institutional-grade, mixed-use investment opportunity to own a flagship restaurant and showroom ground-floor space with over $5M in improvements.
  • Signalized SE corner of La Brea and 6th Street is frequented by approximately 75,000 VPD, offering unmatched visibility and branding exposure.
  • 200+ seat first floor with a 1,500-SF LA-style dining patio, rooftop parking with valet potential, full kitchen, loading door, coolers, and IT room.
  • Near Republique, Met Her at the Bar, Lassen’s Organic Market, Tesla, Land Rover, & Jaguar dealerships, and retail at The Grove and Larchmont Village.
  • Walking distance to the new Metro Purple (D) Line station, a stop from Museum Row, home to La Brea Tar Pits, LACMA, and Petersen Automotive Museum.
  • Major gateway corridor from LAX to Hollywood and from Beverly Hills to DTLA, this asset is at the center of regional mobility and daily consumer flow.

OVERVIEW

600 S La Brea Avenue presents a rare opportunity to acquire a highly visible, architecturally significant mixed-use corner asset totaling approximately 13,000 rentable square feet, located along one of Los Angeles’ most dynamic and rapidly evolving retail corridors. Delivered vacant or by sale leaseback, this asset offers a compelling opportunity for an investor or owner/user to unlock significant leasing upside or establish a flagship presence in a premier Los Angeles corridor. Alternatively, ownership is willing to execute a leaseback of the entire building at $450,000 annually (gross), with a two-year initial term and a two-year extension option, providing optional near-term income for yield-oriented investors. The ground-floor space has a build-out for a second-generation restaurant, with over $5 million invested in infrastructure and improvements, significantly reducing time and cost for a new operator. The space features expansive glass frontage, high ceilings, and an open, highly adaptable layout suitable for restaurant, showroom, or flagship retail use. The upper levels further enhance the asset’s versatility and income potential, featuring a mix of office and residential components, including loft-style units with direct elevator access. The property includes 15 on-site parking spaces, with valet capacity accommodating approximately 35 to 40 vehicles, an operational advantage for high-volume users. Additional upside includes potential rooftop activation for hospitality use and digital signage opportunities, subject to applicable approvals. Located within a Tier 4 TOC zone and close to the Metro Purple Line extension, the property benefits from reduced parking requirements and strong long-term growth fundamentals. Strategically positioned at the signalized intersection of La Brea Avenue and 6th Street, the property offers exceptional frontage, strong daily traffic counts of about 75,000 vehicles per day, and immediate proximity to destination dining, including République, as well as a concentration of luxury automotive dealerships and national retailers. The offering is further supported by strong macro and submarket tailwinds, including the near-term opening of the Metro Purple Line extension, continued infrastructure investment along the La Brea corridor, and Los Angeles’ global positioning ahead of the 2026 World Cup and 2028 Olympic Games. In addition, improving capital market conditions and anticipated downward pressure on interest rates are expected to enhance investor demand and pricing momentum in the near to mid-term. 600 S La Brea Avenue is well-suited for restaurant operators, investors, retail or automotive users, and developers seeking a high-profile Los Angeles asset with meaningful upside and multiple income streams. Ownership will selectively engage with qualified buyers and reserves the right to adjust pricing as market conditions evolve. Additional information is available upon request.

FOR SALE DETAILS

PRICE

$12,950,000 USD

PRICE/SF

$943 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trophy Mixed-Use Asset | Vacant or Lease Back

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Auto Dealership, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

LAC2

APN/PARCEL ID

5507-023-031

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David BinaProp 26More Info
424-363-8543

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David BinaProp 26More Info
424-363-8543

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