617 S La Brea Ave - Storefront Retail/Residential FOR SALE
Los Angeles, CA 90036 |
617 S La Brea Ave
Los Angeles, CA 90036
HIGHLIGHTS
- Ideal uses: Restaurant/Bar/Entertainment/Retail (property is across the street from République Restaurant, Cafe & Bakery).
- Large Retail/Restaurant Space with classic 1930's fixtures.
- Property located in the heart of the La Brea development revitalization corridor.
- Walking Distance to La Brea/Wilshire Metro Subway (Purple, D, Line).
- Strong income streams during permit-entitlements (Current CAP 5.24%) if Buyer elects to develop or add value.
- Three contiguous properties, 611 S La Brea, 615 S La Brea, and 617 S La Brea, to be sold separately.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Bar, Restaurant, Loft/Creative Space
TOTAL BUILDING SIZE
6400
STORIES
2
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5508-007-016,5508-007-017
