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LA Commercial Listings Weekly Roundup 8.24.17

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

For Sale


NEW LISTING | RESTAURANT | 533 ROSE CT.

533 ROSE CT. ALT

LISTED AT $5,500,000 | VENICE | 1,510 SF

Unbelievable opportunity to purchase a fully equiped restaurants in a highly desirebale part of Venice. Conditional use permit for Full Liquor license. Approximately 45 person capacity. Open air design with fully retractable awning allows patio to be fully enclosed. Courtesy of Halton Pardee + Partners.


NEW LISTING | RETAIL | 516-518 NORTH LA BREA AVE.

516-518 NORTH LA BREA AVE ALTLISTED AT $3,200,000 | FAIRFAX DISTRICT | 5,750 SF

This versatile property is currently vacant and is ready for an investor or business owner to take advantage of its irreplaceable location. Excellent opportunity for an owner-user or investor to open a new business concept or expand an existing business. The building consists of approximately 4,100 square feet ground floor retail and storage, with approximately 1,650 square feet of mezzanine office space. Courtesy of Canon Business Properties, INC.


 NEW LISTING | LAND | 1120 SOUTH BROADWAY

1120 SOUTH BROADWAY AVE ALTLISTED AT $7,500,000 | DOWNTOWN LOS ANGELES | 11,195 SF

11,195 SF lot for sale on Broadway. Adjacent to the Herald Examiner, Ace, Proper and Hoxton Hotels. Located in the SoBro District. Courtesy of Cushman & Wakefield.


NEW LISTING | MULTIFAMILY | 1233 NORTH ORANGE GROVE AVE.

1233 NORTH ORANGE GROVE AVE ALT

LISTED AT $4,500,000 | WEST HOLLYWOOD | 10 UNITS | 4.20% CAP RATE

Originally built in 1956, the property has undergone a complete renovation over the last 12 months, providing an owner the unique ability to attract high-income residents who desire modern finishes. The property features 7,546 square feet of rentable area, situated on a 7,346 square foot lot. The ten-unit building is composed of seven (7) one-bedroom/one-bathroom units and three (3) two-bedroom/two-bathroom units. Courtesy of Marcus & Millichap.


NEW LISTING | MULTIFAMILY | 1743-1747 HUDSON AVE.

1743-1747 HUDSON AVE ALT

LISTED AT $3,000,000 | HOLLYWOOD | 3 UNITS | 4.90% CAP RATE

100% Vacant. 6:1 FAR. Potential development opportunity for 24 apartment units or up to 48 hotel rooms. 3 Bedroom + 2 Bath House & 2 Unit Duplex (2 Bedroom + 1 Bath). ±12 Parking Spots on Site. Hollywood Entertainment Business Improvement District. Amidst a Host of Completed Mixed-Use Projects. Ingress/ egress along Hudson Avenue. An Abundance of High-End Retail Amenities. Courtesy of Newmark Knight Frank.


FOR LEASE


NEW LISTING | RESTAURANT | 9810 WASHINGTON BLVD.

9810 WASHINGTON BLVD ALTLISTED AT $4.56/SF/MONTH | CULVER CITY | 2,000 SF

Approx. 1,500 SF interior plus approx. 250 SF LICENSED PATIO SPACE. Includes ABC Type 47 Liquor License with hours of 11AM-1AM daily. Current rent is approx. $8,020/month plus NNN expenses of approx. $1,380/month with fixed annual increases . Space also includes additional lease for approx. 250 SF office/storage space. Current rent for office/storage space is approx. $1,092/month plus NNN of approx. $230/month. Courtesy of Alfred Realty Corp.


 NEW LISTING | RESTAURANT | 119 WEST GREEN ST.

119 WEST GREEN ST ALTLISTED AT $2.90/SF/MONTH | PASADENA | 1,914 SF

Upscale contemporary restaurant Ración available for sublease. Building size offers an intimate and relaxing dining experience. Seats 45 people. Includes outdoor patio. Includes C.U.P Beer & Liquor license, dining furniture, and kitchen equipment. Courtesy of MacVaugh & Co.


NEW LISTING | RESTAURANT | 624 SOUTH GRAND AVE.

624 SOUTH GRAND AVE. ALT

LISTED AT $0.91/SF/MONTH | DOWNTOWN LOS ANGELES | 1,500 SF

This modern Cafe/Restaurant/Catering Space located inside One Wilshire on the ground level. Equipped with a Full Kitchen. Currently Serving Breakfast & Lunch Only for Coffee Tea & Sandwiches, Salads, Baked Goods. Has Type 1 and 2 Hood + Grill & Burner Stove Etc. Current lease has 2+ years left with a 5 year option. Current rent is $3318 rent, tenant has subleased 500 SF to an office user for $1500/month which has lowered the rent substantially. Courtesy of  District Realty Group.


NEW LISTING | RESTAURANT | 8360 MELROSE AVE.

8360 MELROSE AVE ALT

LISTED AT $7.25/SF/MONTH | WEST HOLLYWOOD | 2,932 SF

Rare opportunity to acquire prominent turn key space. Includes ABC Type 47 Liquor License with hours of operation from 11AM-12 midnight daily per Conditional Use Permit. Current rent is approx. $7.25/SF/month plus NNN expenses of approx. $0.90/SF/month. Landlord will consider LONG-TERM lease to qualified party. Deal involves key money, please inquire. Courtesy of Alfred Realty Corp.


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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