Contacts

Paul Brehme

Lee & Associates

Property Details

Property Type Retail - Freestanding
Property Size 3,011 SF
Units 2
Additional Rent Contact for pricing
Parking Spaces Avail. 10
Property Tenancy Multi-Tenant
Building Class C
Year Built 1977
Date Updated Dec 5, 2024

Lee & Associates, Los Angeles West Inc. is pleased to present for sale, 8151 W 3rd Street, a two-tenant retail building located on a hard corner in the highly sought after neighborhood of Beverly Grove (located between the Beverly Center and the Farmer’s Market). 8151 W 3rd Street is a rare opportunity to purchase a pride of ownership retail asset in a highly coveted area with a stabilized income stream which should appeal to both investors and 1031-exchange buyers. Totaling ±3,011 square feet, the property is divided into two units: The main unit consists of ±2,528 square feet and is leased to a dispensary until November 30th, 2033. The second unit, which consists of ±483 square feet plus a generous amount of outdoor patio space, is lease to a café, Neighborhood, until March 31st, 2028 . The property has 10 parking spaces plus a single space dedicated to handicapped parking. 8151 W 3rd St. is located in the coveted Beverly Grove part of town, a busy and upper scale commercial district with plenty of options for shopping and dining, including a massive shopping center and chic boutique shops on busy but pedestrian-friendly streets. It's dominated by The Grove and Beverly Center, but the main drags also feature a wealth of foodie-friendly restaurants, trendy independent cafes, art galleries, and high-end shopping.Existing 3,500 SF Building Ideal for Owner/User Opportunity or Redevelopment

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Attachments

8151 W 3rd St - OM.pdf (PDF) opens in new window

Getting around

95/100
Walk Score ®
63/100
Transit Score ®
66/100
Bike Score ®

Powered by Walk Score ®

Location

City Los Angeles, CA
Neighborhood Beverly Grove
Zip Code 90048
Market Los Angeles

Points of Interest

Farmer's Market

0.40 miles
Hollywood/Highland

2.57 miles
Hollywood/Vine

3.10 miles
Hollywood/Vine Station

3.10 miles
Wilshire/Western

3.41 miles
Wilshire/Western Station

3.42 miles
Farmdale

3.57 miles
Palms

3.67 miles
Wilshire/Normandie Station

3.86 miles
Wilshire/Normandie

3.87 miles

Chevron

0.18 miles
Shell

0.39 miles
76

0.55 miles
Sinclair

1.05 miles
Mobil

1.29 miles
Arco

1.31 miles
FLO

2.19 miles
EVSE

4.21 miles
eVgo

4.33 miles

Farmers Market

0.37 miles
Trader Joe's Parking

1.30 miles
West Hollywood Parking

1.31 miles
Palm Lot

1.32 miles
Spaulding Lot

1.36 miles
Sunset Lot

1.59 miles
Queens Lot

1.62 miles
Formosa Parking Lot

1.63 miles
Northwest Plaza Parking Lot

1.64 miles
C Lot

1.64 miles

Little Next Door

0.04 miles
Sweetgreen

0.12 miles
Belcampo

0.12 miles
Bacari W 3rd

0.13 miles
Comoncy

0.13 miles
ecco un poco - Natural Italian Gelato

0.21 miles
Joan's on Third

0.27 miles
Mercado

0.28 miles
Araya's Place (Thai vagan)

0.28 miles
Bao Dim Sum House

0.28 miles

Trader Joe's

0.30 miles
Whole Foods Market

0.40 miles
TJ Maxx

0.49 miles
Barneys New York

0.50 miles
Target

0.51 miles
Ross

0.52 miles
Marshalls

0.53 miles
Saks Off 5th

0.54 miles
Bloomingdale's

0.58 miles
Nordstrom

0.60 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.