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LA Commercial Listings Weekly Roundup 8.9.16

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 | 5715 MESMER AVE.

5715 MESMER AVE ALT

LISTED AT $12,500,000 | PLAYA VISTA | 13,326 SF

5715 Mesmer Avenue is located in the highly desirable submarket of Playa Vista. 5715 Mesmer Avenue is an approximately 13,326 square-foot office building situated on a 12,500 square-foot lot located at the gateway of Playa Vista’ s office hub. 5715 Mesmer Ave. is a high-end, expertly designed office building with solar power panels, two full kitchens, steel and glass rolling doors, and an open floor plan. It is ideal for an owner-user that wants to position itself into the desirable Playa Vista submarket. Courtesy of Marcus & Millichap.


NEW LISTING | RETAIL | 1530 PICO BLVD.

1530 PICO BLVD ALT

LISTED AT $5,500,000 | SANTA MONICA | 11,161 SF

1530 Pico Blvd is comprised of an 11,161 square feet land site. The property is directly adjacent to Santa Monica College on the south west corner of Pico Blvd and 16th Street. 1530 Pico is zoned SMC2 NC with an FAR o 1.25:1. For over 60 years, this site has served as the Foster’ s Freeze. 1530 Pico will be delivered vacant upon the close escrow. The property presents the opportunity for a developer to acquire a unique site and capture value through a signature commercial project adjacent to Santa Monica College.

This opportunity provides a developer with a unique opportunity to transform this high profile intersection into an investor’ s dream directly adjacent to the high volume traffic and pedestrian volume associated with Santa Monica College; Over 29,000 cars drive by daily on the corner of Pico Blvd. and 16th Street. Courtesy of CBRE.


NEW LISTING | INDUSTRIAL| 740 NORTH CAHUENGA BLVD.

740 N CAHUENGA BLVD ALT

LISTED AT $2,250,000 | LOS ANGELES | 3,844 SF

Currently occupied by graphics company month to month basis. Office spaces with kitchen area. High ceiling and Huge upside potential.

Great location!! Just north of Melrose Ave and West of Vine St. Ideal for owner occupied business. CM zoned allowing many possibilities of usages. Current tenant is month to month and paying much below the current market lease rate. Courtesy of FCE Brokerage.


NEW LISTING | MULTIFAMILY | 2433 WEST JEFFERSON BLVD.

2433 WEST JEFFERSON BLVD ALTLISTED AT $1,300,000 | LOS ANGELES | 6 UNITS | 5% CAP RATE

Wonderful opportunity to invest in a high producing, mixed use building with fantastic cash flow! Building on Jefferson features 2 retail store fronts, a market and art studio (downstairs), 2 residential large 1 bdrm, 1 bath units, one with a covered balcony (upstairs). Both units have wood floors, tile in kitchen and bath, high ceilings with plenty of light. The 5th Avenue side of the building consists of 2 upgraded units. The 2 bdrm, 1 bath features original wood floors, ceramic tile in the bath and kitchen with new counter tops, fixtures, ceiling fans, built in shelves in living room, large closet in bedroom and natural light. Outside the front door is enclosed with a white picket fence and gate to welcome you in. The 1 bdrm,1 bath unit has plenty of light, original wood floors, marble tile throughout the bath, ceramic tile in kitchen with new counter tops, fixtures, ceiling fan, large closet and plenty of cabinet space. Both units have front and rear door entrances. There’s parking and a garage/storage space for extra income. Year built in 1908, effective yr built 1954. Courtesy of Power Brokers International.


NEW LISTING | MULTIFAMILY | 4011 COUNTRY CLUB DR.

4011 COUNTRY CLUB DR ALTLISTED AT $1,180,000 | MID-WILSHIRE | 6 UNITS | 5.60% CAP RATE

This property is a fully occupied six unit apartment complex in the convenient County Club Park Area of Mid Wilshire Neighborhood of Los Angeles. The subject property consists of three structures. The buildings were built in 1924 and total 3,304 sq.ft. on a 5,240 sq.ft. lot. All units are 2 Bd/1Ba. Courtesy of Advance Investments Group, Inc.


For Lease


 NEW LISTING | RETAIL | 8126 BEVERLY BLVD.

8126 BEVERLY BLVD ALT

NEGOTIABLE PRICE | LOS ANGELES | 8,979 SF

An incredible flagship opportunity near the highly visible corner of Beverly Blvd and Crescent Heights Blvd. Courtesy of Newmark Grubb Knight Frank.


NEW LISTING | OFFICE | 8118 HOLLYWOOD BLVD.

8118 HOLLYWOOD BLVD ALT

NEGOTIABLE PRICE | HOLLYWOOD HILLS | 3,307 SF

9 Parking Spaces. Perfect for Entertainment, Production and Professional Services. Multiple Outdoor Balconies and Patios. Very Private Gated Parking Lot. Completely Gated Grounds. Courtesy of Stone Miller.


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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