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LA Commercial Listings Weekly Roundup 5.15.17

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

For Sale


NEW LISTING | RESTAURANT | 9900 CULVER BLVD.

9900 CULVER BLVD ALT

LISTED AT $275,000 | CULVER CITY | 2,932 SF

Turn Key Restaurant for Sale. $275,000.00. Includes Type 41 Beer & Wine license. Currently 88 seats. 2,932 +- Square Feet. Below market lease. 10 onsite parking spaces. Courtesy of Restaurant Real Estate Advisors.


NEW LISTING | RESTAURANT | 3956 WALGROVE AVE.

3956 WALGROVE AVE ALT

LISTED AT $3,950,000 | LOS ANGELES | 4,400 SF

Three freestanding buildings on approx. 5,000sf of land. NNN lease investment with potential upside. Landmark corner of Washington Blvd and Walgrove Ave. Maxwell’s restaurant has operated for 40 + years. Courtesy of Lee & Associates, Los Angeles West, Inc.


NEW LISTING | RETAIL | 3343 MOTOR AVE.

3343 MOTOR AVE ALT

LISTED AT $1,650,000 | WEST LOS ANGELES | 1,370 SF

Front Retail or Creative Office Space and Rear Apartment, Patio, Yard and Parking (6 Spaces).
Approximately 1,370 SF (Retail/Office – +-820 SF; Apartment +-550 SF) Plus Additional Patio of +-224 SF = Total Building SF (with Patio) +-1,594 SF. Over 1 Year of Meticulous Renovation/Restoration. Old World Charm with Brand New Improvements. Upside with Potential Expansion of the Residential Unit. Complete Renovation/Restoration of Entire Property (detailed list available). Courtesy of CBRE.


NEW LISTING | RETAIL | 428 LINCOLN BLVD.

428 LINCOLN BLVD ALTLISTED AT $2,495,000 | VENICE | 1,589 SF

Great opportunity to own a fully remodeled single story commercial/retail property in Venice, CA. The plumbing, electrical, and bathrooms has recently been upgraded. This property can be delivered vacant at the close of escrow for an owner/user. Courtesy of Alliance Investment Real Estate Group.


NEW LISTING | RETAIL | 806 SOUTH ROBERTSON BLVD.

806 SOUTH ROBERTSON BLVD ALTLISTED AT $1,999,000 | WEST LOS ANGELES | 1,664 SF

Excellent space for retail, office or medical. 806 S. Robertson Blvd. is a fully equipped restaurant located within steps to Beverly Hills. Both the real estate and restaurant equipment are being offered as a package. The property was formerly occupied by Al Gelato who the owners recently retired at 32 years in business and is being delivered vacant. The Property provides a rare opportunity for an owner/user to acquire a turnkey fully equipped restaurant space in a prime West Los Angeles location on the edge of Beverly Hills. An astute restaurateur can rehab the existing space and open a new restaurant within a short period of time of purchasing the Property. With a zoning of LAC2, the new owner can take advantage of being steps from Beverly Hills without the restrictions of the City of Beverly Hills. A new owner may also have other uses for the property such as converting the space for office use or medical facility. Courtesy of Charles Dunn Company.


NEW LISTING | OFFICE | 905 COLE AVE.

905 COLE AVE ALT

LISTED AT $3,995,000 | HOLLYWOOD | 5,000 SF 

The offering represents a unique opportunity for a user or investor to acquire a well appointed creative office and studio building in one of the hottest office markets in the greater Los Angeles area. Given the flexible space divisions, a less than 5,000 square foot owner/user can occupy a portion of the Building and lease out the balance of the Building for future expansion. The Property features approximately 2,000 square feet of high end creative offices and an approximate 3,000 square foot studio with a 14′ clear height ceiling, a two wall Cove Cyc, sound proofing, a 10′ x10′ loading door and upgraded electrical. The studio space is easily converted to additional creative office space, if needed. Constructed in 1966, the wood frame and stucco building features eight on-site parking spaces. The Property is offered on an As-is , Where-is basis. Courtesy of First Property Realty Corporation.


NEW LISTING | OFFICE | 489-491 SOUTH ROBERTSON BLVD.

489-491 SOUTH ROBERTSON BLVD. ALT

LISTED AT $5,200,000 | BEVERLY HILLS | 5,800 SF 

Beverly Hills Office Building-Great Location-Modern Design-Suitable For Creative Users-Entertainment Companies-Law Firms-Accounting Offices-Large Studio Offices-High Ceilings-Bright Offices-Central Courtyard-Bathrooms And Kitchen on Each Floor-5-6 Parking Stalls.


NEW LISTING | MULTIFAMILY | 1570-1578 NORTH GOWER ST.

1570-1578 NORTH GOWER ST ALT

LISTED AT $3,400,000 | HOLLYWOOD | 6 UNITS | 6.30% CAP RATE

A Rare Opportunity To Acquire 6 Creative Retail / Office / Multifamily Bungalows in the Center of Hollywood. 4 out of 6 Units Are Vacant! Courtesy of Newmark Grubb Knight Frank.


NEW LISTING | MULTIFAMILY | 1240-1242 LODI PL.

1240-1242 LODI PL ALT

LISTED AT $1,425,000 | HOLLYWOOD | 4 UNITS | 4.24% CAP RATE

This well maintained and operated rent controlled 4 unit apartment building was built in 1920. The unit mix consists of a front home comprising of a two-bedroom/two bathroom units (renovated to function as a four-bedroom/ two bath) & a charming triplex in the back of the property consisting of one spacious Studio and two one-bedroom/one bathroom units. Amenities include 6 parking spots, of which three are garage parking and three are open gated spaces. The property has majority copper plumbing and the front home’s interior has been painted & has recently been renovated to include wood flooring, new kitchen appliances, and washer and dryer. Courtesy of Frydman Group & Keller Williams Commercial.


NEW LISTING | MULTIFAMILY | 2500 NORMANDIE AVE.

2500 NORMANDIE AVE ALT

LISTED AT $720,000 | LOS ANGELES | 3 UNITS

ALL 3 UNITS ARE VACANT. Property consists of a main 2 story house, 9 Bdrms/5 Bath totaling 2,888 Sq Ft, built in 1911 with private front yard. The second building consists of two 1 Bdrm/1 Bath units, 740 Sq Ft each, built in 1940. Property has been in REAP from 2009. Also this property is located in Historic Preservation Overlay Zone, All three units are vacant & require complete remodel include new kitchens & baths. Property is being sold in its as is condition. Only all cash offers or with hard money financing are to be submitted. Courtesy of CB Platinum Commercial.


NEW LISTING | MULTIFAMILY | 7451 HOLLYWOOD BLVD.

7451 HOLLYWOOD BLVD ALT

LISTED AT $4,300,000 | HOLLYWOOD | 12 UNITS | 2.90% CAP RATE

This property is being offered as an individual asset or as portfolio when acquired with 7407 & 7504 Hollywood Blvd., a 6-unit and 12-unit apartment community located within two blocks of the subject property. Courtesy of The Harris Group.


Lease


NEW LISTING | RESTAURANT LEASE | 7080 HOLLYWOOD BLVD.

7080 HOLLYWOOD BLVD ALT

NEGOTIABLE PRICE | HOLLYWOOD | 10,241 SF

Hollywood’ s premier entertainment, lounge and restaurant venue on the corner of Hollywood Blvd and La Brea Ave on the world famous Hollywood Walk of Fame. Courtesy of First Property Realty Corporation.


NEW LISTING | RESTAURANT LEASE | 15030 VENTURA BLVD.

15030 VENTURA BLVD ALT

LISTED AT $4.14/ SF/ MONTH | SHERMAN OAKS | 1,450 SF

Fully operated Restaurant with a brand new hood and new AC unit. Key money required.


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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