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LA Commercial Listings Weekly Roundup 3.21.16

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We scoured Los Angeles to find you this week’s best commercial listings.

For Sale


NEW LISTING | MULTIFAMILY | 1171 FRANKLIN ST.

1171 FRANKLIN ST ALT

LISTED AT $6,750,000 | SANTA MONICA | UNITS: 6 | 4.07% CAP RATE 

1171 Franklin Street is an August 2015 constructed vacant townhome property. The 9,000 square foot property consists of 6 condominium units totaling 9,138 rentable square feet. The unit mix is comprised of 2 two-bedroom, two-bathroom, loft units and 4 three-bedroom, three-bathroom, loft units. Four of the units have roof decks and two have large balconies. Each unit has access to a private roof deck. All units have central heating and AC, walk-in closets, in addition to washer/dryer hookups. There is a fireplace in both the living room and master suite. The property can be sold in bulk and rented, sold individually, or an owner-user can move into the property. Courtesy of Colliers International.


NEW LISTING | MULTIFAMILY | 7011 FOUNTAIN AVE.

7011 FOUNTAIN AVE ALT

LISTED AT $1,500,000 | HOLLYWOOD | UNITS: 6 | 3.30% CAP RATE

Multi-Family. 6 Units. 1923. LAR3 Can Build 7 Units, 2 stories. Exceptional Location! More than 25% Upside. Gated Entry. Original Hardwood Flooring, French Doors + Other Vintage Details. Common Area Laundry.


NEW LISTING | MULTIFAMILY | 7631 WEST NORTON AVE.

7631 WEST NORTON AVE ALT

LISTED AT $2,995,000 | WEST HOLLYWOOD | UNITS: 10 | 3.14% CAP RATE

The Norton Apartments is a 10-unit apartment building situated in the city of West Hollywood, just to the east of Beverly Hills. Constructed in 1960, the property is two stories over a level of parking and has a unit mix of six, large one-bedrooms with one bathroom, and four, large two-bedrooms with two bathrooms. According to the owner, six units have balconies, five units were renovated and now have bamboo floors, and a large portion of the plumbing was replaced in 2013. Buyer to verify. Courtesy of Berkadia.


NEW LISTING | OFFICE | 11828 SAN VICENTE BLVD.

11828 SAN VICENTE BLVD ALTLISTED AT $9,500,000 | BRENTWOOD | 6,350 SF

The subject property is located on one of the Westside’ s most sought after streets, San Vicente, in the heart of Brentwood Village. Not only is it a walkable street but it’ s home to upscale eateries, high-end shops and office and medical tenants. The surrounding neighborhood includes Brentwood Country Club, the Getty Museum and some of the grandest homes in all of Los Angeles. Courtesy of Coldwell Banker Commercial.


NEW LISTING | OFFICE | 532 COLORADO AVE.

532 COLORADO AVE ALTLISTED AT $4,400,000 | SANTA MONICA | 4,368 SF

Two story commercial building at the SWC of Colorado and 6th Street in Downtown Santa Monica. Courtesy of Coldwell Banker Commercial.


For Lease


NEW LISTING | OFFICE LEASE | 2244 WESTWOOD BLVD.

2244 WESTWOOD BLVD ALT

LISTED AT $3.65 / SF/ MONTH | WESTWOOD | 260 SF 

Beautiful modern private office space located in West Los Angeles in the Westwood area. Intersection of Westwood and Olympic. Remodeled, New hardwood flooring, new paint, lighting, and more. Lots of light and quiet. Front view, facing the street. A/C. Paid Utilities: Water, Janitorial service, Electricity. Courtesy of JNM Realty Inc.


 NEW LISTING | RETAIL | 8106 WEST 3RD ST.

8106 WEST 3RD ST ALT

LISTED AT $6- $7 / SF/ MONTH | LOS ANGELES | 1,200 SF 

3rd & Crescent is a 6 Unit retail structure located at the dominant signalized intersection of S. Crescent Heights Blvd and W. 3rd Street. The property has high visibility and best in class signage opportunities on the W. 3rd Street retail corridor. The property has a designated valet service for tenants and cliental giving 8106 W. 3rd a distinct advantage on W. 3rd Street. The second floor of the property has two private entrances and multiple porches. Courtesy of CBRE.


For more information on these properties or similar ones, please feel free to contact us anytime.

PLG Estates, an independent member broker does not guarantee the accuracy of information provided. Buyer is advised to independently verify the accuracy of all information. Broker / Agent providing information may or may not have been the listing and/or selling Agent.

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