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LA Commercial Listings Weekly Roundup 4.10.17

By in Commercial Real Estate with 0 Comments


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

For Sale


NEW LISTING | OFFICE | 13063 VENTURA BLVD.

13063 VENTURA BLVD ALT

LISTED AT $3,900,000 | STUDIO CITY | 6,010 SF

Flexible Divisible Upscale Office Space Suitable For Many Uses or Partial Conversion to ground floor Medical or Retail. Currently Occupied by Echo Entertainment. Identity Galore when you add your Building or Monument Signage. Private parking lot striped for 11 cars but holds 20 with two driveways. EZ Street Parking as Well. Smothe perimeter window lines and interior skylights.Cat 5 wiring. Lower level includes Edit, Mixing and Voice Over Rooms. Create Your Own Drama with Simple Exterior Remodel! Courtesy of Illi Commercial Real Estate.


NEW LISTING | MULTIFAMILY | 458 NORTH CROFT AVE.

LISTED AT $2,350,000 | WEST HOLLYWOOD | 6 UNITS 

Congregate Living Health Facility (CLHF) including Real Estate For Sale. This is a beautiful 6 bedrooms 6 bathrooms on a single-story house of 2,533 sf on a picturesque block in Beverly Center-Miracle Mile area. The house was built in 1925 and it was extensively remodeled by the sellers between 2012 and 2014 to serve as a congregate living health facility (CLHF). All bedrooms have their own handicapped access private bathroom. There’s a spacious living room with HDTV and a large size window looking on to the front of the house. There’s a wheelchair access to the house. This sale as per buyer’s demand includes the high demand CLHF business and all furnishings including but not limited to TV’s, furniture, computers, kitchen equipment and supplies, medical supplies. Courtesy of Global Major Properties.


NEW LISTING | MULTIFAMILY | 1163 NORTH KINGSLEY DR.

1163 NORTH KINGSLEY DR ALT

LISTED AT $3,275,000 | LITTLE ARMENIA | 7 UNITS | 5.04% CAP RATE

Having been fully re-positioned down to the studs in 2015, the subject property offers residents luxury finishes with tasteful modern appointments. The improvements are gated and feature six on-site parking spaces. The property consists of two one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit and four three-bedroom/two-bathroom units. Residents benefit by being close to the heart of Hollywood, featuring popular restaurants, trendy retailers and nightlife venues but far enough to give tenants a quieter living environment with less congestion. Due to its 1924 construction, the property is subject to Los Angeles rent control statutes. Courtesy of Marcus & Millichap.


NEW LISTING | MULTIFAMILY | 3856 SOUTH NORMANDIE AVE.

3856 SOUTH NORMANDIE AVE ALTLISTED AT $4,898,000 | EXPOSITION PARK | 16 UNITS | 4.90% CAP RATE

Brand new 16 unit Multi-Family community in Exposition Park, the Crossroads of the Los Angeles Community. We’re more than a collection of world-class museums, sport facilities and recreational areas. Exposition Park also offers diverse cultural, entertainment and educational activities. The community is walking distance to the USC (University of Southern California) campus, IMAX Theater, California Science Center, Natural History Museum, Los Angeles Coliseum, Banc of California Soccer Stadium (under construction) and the new Expo transit rail line that offers easy access to hot spots such as such as La Live, Staples Center, downtown Los Angeles and Santa Monica Beach to name a few. Courtesy of KW Commercial.


For Lease


 NEW LISTING | RESTAURANT LEASE | 7274 MELROSE AVE.

7274 MELROSE AVE ALTLISTED AT $3.19 / SF/ MONTH | FAIRFAX DISTRICT | 2,000 SF 

Deal involves key money. Please inquire. Unique turnkey/fully equipped restaurant opportunity . Size of premises: Approx. 1,800 SF Interior plus approx. 200 SF detached storage facility. Sale includes ABC Type 41 Liquor License until midnight, 7 days a week. NNN is approx. $0.66/SF/Month. Located in dynamic Melrose Ave submarket. Courtesy of Alfred Realty Corp.


NEW LISTING | RESTAURANT LEASE | 8048 WEST 3RD ST.

8048 WEST 3RD ST ALT

LISTED AT $5.75 / SF/ MONTH | BEVERLY GROVE | 2,200 SF 

Deal involves key money. Please inquire. Great turnkey space in amazing condition with the current owner having spent $1M in remodeling the space. Approx. 2,200 SF. NNN is approx. $1.50/SF/Month. ABC Type 47 Liquor License. Courtesy of Alfred Realty Corp.


NEW LISTING | RETAIL LEASE | 9008 BEVERLY BLVD.

9008 BEVERLY BLVD alt

LISTED AT $10 / SF/ MONTH | WEST HOLLYWOOD | 3,334 SF 

The Property is located at 9008 Beverly Boulevard, West Hollywood, California and boasts full height glass and high visibility on Beverly Boulevard. The location is further improved by its proximity to Santa Monica Boulevard, Beverly Hills and the iconic boutiques along Robertson Boulevard. Courtesy of Charles Dunn Company.


NEW LISTING | RETAIL LEASE | 8755 MELROSE AVE.

8755 MELROSE AVE ALT

LISTED AT $6.50 / SF/ MONTH | WEST HOLLYWOOD | 3,700 SF 

This is an asset sale of a 3,700 SF Full Service Restaurant plus patio with active 41 Beer & Wine License, a full service kitchen with 16 foot hood line and walk-in refrigerator. Free standing building in the heart of West Hollywood which has undergone recent renovations. Favorable in-place lease with very below market rent at $6.50 PSF NNN. Lease Term: 8+ Years. Parking: Valet. HIGHLIGHTS: Fully Entitled and Built out Restaurant & Bar, Prime West Hollywood Location, Free Standing Building, Includes Kitchen, Bar, Dining Area, Office, and Patio.


NEW LISTING | RETAIL LEASE | 802 NORTH SAN VICENTE BLVD.

802 NORTH SAN VICENTE BLVD ALT

LISTED AT $10 / SF/ MONTH | WEST HOLLYWOOD | 900 SF 

Split level building with approx. 570 sq. ft of ground floor space and 330 sq. ft. mezzanine. Major West Hollywood corner identity for 24/7 brand advertising along heavy foot traffic area of the city. Courtesy of Stafford Commercial Real Estate.


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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