We scoured Los Angeles to find you this week’s best commercial listings.
NEW LISTING | RESTAURANT LEASE | 7257-7257 1/2 MELROSE AVE.
LISTED AT $60/ SF/ YEAR | FAIRFAX DISTRICT | 1,400 SF
Large, approximately 700 Sf patio, valet parking, wood burning pizza oven and type 47 liquor license. Full restaurant build-out Key money required for Lease, Full-liquor license, Furniture, Fixtures and Equipment. Courtesy of Westside Estate Agency.
Turnkey legendary Theater, Restaurant, and Nightclub in exciting Silver Lake neighborhood. Actual Licensed rental-able sqft is 7100, 2948 is indoor and remaining is beautiful patio. Courtesy of Pico Prospects.
NEW LISTING | OFFICE | 208 EAST CARSON ST.
LISTED AT $2,135,000 | CARSON | 5,060 SF
The 100% Leased Mixed-Use Investment is comprised of ±5,060 square feet of contiguous retail and office space situated on 0.27 acres on the Southwest corner of Carson and Orrick Ave, adjacent to a 73,000 sq ft grocery anchored Albertsons retail center. The Property is comprised of 7 tenants, many of whom have renewed with ownership more than once. The Property has off-street parking in the rear of the building with 17 individual parking stalls — 3.36/1,000 SF— in addition to on-street parking on Orrick Ave. Courtesy of Greenstone Partners.
NEW LISTING | RETAIL | 545-549 WESTERN AVE.
LISTED AT $3,500,000 | LOS ANGELES | 8,500 SF
Fantastic Retail front building with tremendous Development opportunity. One of the hottest locations of Hollywood for re-development. Appx 8,500 sqft building sits on a double lot of 12,600+. Many projects nearby with high density traffic count. Courtesy of Berkshire Hathaway.
NEW LISTING | RETAIL | 6020 CANOGA AVE.
LISTED AT $7,325,000 | WOODLAND HILLS | 5,400 SF
6020 Canoga Avenue is 5,400 square feet of retail space on 15,856 square feet of land. The combined Canoga Avenue land square footage is 47,350 square feet of land. The properties are located in a state enterprise zone (reduced parking requirement of 2:1000), as well as in Tier 1 of the TOC guidelines. Courtesy of Marcus & Millichap.
NEW LISTING | MULTIFAMILY | 4455 BAKMAN AVE.
LISTED AT $1,945,000 | NORTH HOLLYWOOD | 6 UNITS | 6.47% CAP RATE
It consists of a three-bedroom/two-bathroom single family residence (SFR) one 2-bedroom/1-bathroom apartment unit and four 1-bedroom/1-bathroom apartment units. This charming and well maintained apartment complex was built in 1941 (house)/1958 (apartment units), the building consists of 5,206 square feet and is zoned LAR1. Parking for 7 vehicles (4 garages and 3 open). With tremendous upside potential, an experienced investor and/or owner-user is able to recapture approximately 60% upside in rents in one of the best locations in Los Angeles. Courtesy of Marcus & Millichap.
NEW LISTING | MULTIFAMILY | 711 WEST 90TH ST.
LISTED AT $1,599,000 | LOS ANGELES | 5 UNITS | 6.63% CAP RATE
Almost new on this extensively renovated 5 units torn down to frame, and built new, no landscaping, low maintenance apartments, like a rebuilt 65 ford mustang, all the hustle without the bustle. Courtesy of Berkshire Hathaway.
NEW LISTING | MULTIFAMILY | 1253 NORTH ORANGE GROVE AVE.
LISTED AT $2,199,000 | WEST HOLLYWOOD | 3 UNITS | 8.00% CAP RATE
This is a 3 Unit Multi-Family totaling 2,925 SF with a 3bd/2ba, and Two 2bd/1ba Units. Great opportunity to own a rare property in West Hollywood with a single family residence in the front that can be used as a primary residence and two separate rental units at the back.This home is walking distance to shops, trendy and hip restaurants, centrally located to everything, boutiques, markets, and sunset plaza. You name it this location has it all! This well kept multi family dwelling is a corner lot that offers many options for the new owner. The property offers an amazing opportunity for someone who is looking to upgrade from a condo or town house in the West hollywood area. Don’t let this moving up potential pass you! Take this chance to own a property in an R3C zone that offers open versatility for future upgrade. Investing in this neighborhood whether to stay or to move up is a promise of embracing positive changes that will soon prove worth while. Property is under West Hollywood rent control Ordinance. Must show proof of funds for cash offer and must have lender approval to show. Courtesy of Coldwell Banker.
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.