Map of Property

8151 W. 3rd St

For Sale

8151 W. 3rd St, Los Angeles, CA 90048

This Los Angeles property for sale is located at 8151 W. 3rd St. The general use of 8151 W. 3rd St is retail and it incorporates 3,011 square feet of class C retail space. The current listed sale price for 8151 W. 3rd St is $5,500,000.

Contacts

broker

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 Aug 24, 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

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  • 63/100

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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.

Contact Listing Broker

broker

Paul Brehme

Lee & Associates