Log In/Sign up
Your email has been sent.
1651-1657 N La Brea Ave 5,603 sq ft 100% Let Retail Property Los Angeles, CA 90028 £5,145,433 (£918.34/sq ft) 5% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Signalized Intersection
- Mix of Residential, Commercial, Office and Entertainment
- High Foot Traffic
EXECUTIVE SUMMARY
Presenting a Generational Opportunity Located in the Heart of Hollywood at the signalized SW corner of Hollywood & La Brea. First time on the market in over 38 years. This property offers an investor a rare and unique opportunity to acquire a trophy property within walking distance to many of Hollywood's top attractions including the Hollywood Walk of Fame, The TCL Chinese Theatre and the Dolby Theatre. There are over $5.3 Billion in current and near term development projects within 3 miles of the property. The property has recently undergone several improvements including a fresh new Santa Barbara inspired paint scheme, re-sealing of the roof and re-striping of the parking lot.
Zoning for the subject property is (Q)C4-2D-CPIO
Zoning for the subject property is (Q)C4-2D-CPIO
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Property Size
5,603 sq ft
Costar Property Class
B
Year Built
1980
Price
£5,145,433
Price per sq ft
£918.34
Yield
5%
NOI
£257,272
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.51
Total Plot Size
0.25 ac
Use Class
(Q)C4-2D-CPIO - (Q)C4-2D-CPIO
Parking
12 Spaces (2.14 Spaces per 1,000 sq ft Leased)
AMENITIES
- Corner Lot
- Signalised Intersection
Walk Score®
Excellent pedestrian access (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5548-008-042 | Improvements Assessment | £474,184 |
| Land Assessment | £802,479 | Total Assessment | £1,276,663 |
PROPERTY TAXES
Parcel Number
5548-008-042
Land Assessment
£802,479
Improvements Assessment
£474,184
Total Assessment
£1,276,663
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1651-1657 N La Brea Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
