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Two Adjacent Parcels on S La Brea Avenue 459-463 S La Brea Ave

2,071 - 12,589 SF of Retail Space Available in Los Angeles, CA 90036

Space Availability (3)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 8,407 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
600 S La Brea Ave - 1st Floor
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Vacant brewery

  • Partially Built-Out as a Restaurant or Café Space
  • 1st Floor, Ste 467A
  • 2,111 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
463-467 S La Brea Ave - 1st Floor - Ste 467A
Space Use
Retail
Condition
-
Availability
30 Days

Vacant retail space.

  • 1st Floor, Ste 467B
  • 2,071 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
463-467 S La Brea Ave - 1st Floor - Ste 467B
Space Use
Retail
Condition
-
Availability
30 Days
Space Size Term Rent Service Type
1st Floor 8,407 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor, Ste 467A 2,111 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
1st Floor, Ste 467B 2,071 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD

600 S La Brea Ave - 1st Floor

Size
8,407 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
Partial Build-Out
Availability
30 Days

Vacant brewery

  • Partially Built-Out as a Restaurant or Café Space

463-467 S La Brea Ave - 1st Floor - Ste 467A

Size
2,111 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
-
Availability
30 Days

Vacant retail space.

463-467 S La Brea Ave - 1st Floor - Ste 467B

Size
2,071 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Condition
-
Availability
30 Days

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 459-463 S La Brea Ave , Los Angeles, CA 90036

Centre Type Strip Center
Parking 15 Spaces
Stores 2
Centre Properties 2
Frontage
50 ft on S La Brea Ave
  • 110 ft on W 6th St
Gross Leasable Area 16,331 SF
Total Land Area 0.33 AC
Year Built 1928
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
40,814
510,163
1,079,246
1,611,871
2029 Population
39,754
500,577
1,055,685
1,578,576
2024-2029 Projected Population Growth
-2.6%
-1.9%
-2.2%
-2.1%
Median Age
37.6
38.7
38.4
38.2
College Degree + Higher
62%
42%
40%
28%
Daytime Employees
25,122
303,730
620,859
1,114,254
Total Businesses
3,376
40,423
82,472
154,558
Average Household Income
$124,814
$95,221
$96,164
$99,075
Median Household Income
$95,001
$65,869
$65,893
$68,900
Total Consumer Spending
$656.8M
$6.6B
$13.4B
$19.6B
2024 Households
19,803
231,398
463,790
662,785
Average Home Value
$1,078,517
$962,202
$961,290
$936,953
$ values in USD

About Miracle Mile

Central Los Angeles is one of the most attractive locations for retailers to set up shop in Greater Los Angeles. The area benefits from high local population densities, traffic counts and incomes, all of which provides a substantial consumer base. Several corridors are among the hottest retail nodes in the region, particularly La Brea and Fairfax Aves., both of which have seen dramatic evolutions in recent years in terms of the retailers which have opened.

The unique vibes of these corridors also attract people from throughout Southern California as well as millions of tourists a year. The Grove at Fairfax Ave and West 3rd Street is one of the highest grossing shopping centers in the nation. Retailers in Central L.A. range from local to national. Some of the most innovative brands in the world call the area home, given its reputation as a center of trend creation and L.A. glamour.

The consumer base is attracted to the area for its central location in the metro, with convenient access to jobs, cultural amenities, and retail. This area of Los Angeles is home to some of the hottest restaurants, including Republique, SUGARFISH, and Sycamore Kitchen.

Nearby Major Retailers

Club Pilates
Bank of America
Citi
U.S. Bank
Chase Bank
The Coffee Bean & Tea Leaf
IHOP
Smart & Final
Starbucks
Ralphs Fresh Fare

Leasing Teams

Leasing Teams

(424) 365-8883
Contact
Patrick Ylagan, Senior Associate
(424) 365-8883
Contact
Patrick is a senior associate with Kidder Mathews and part of a comprehensive retail team based in the South Bay. He has been in the commercial real estate industry since 2015, overseeing and maintaining a multitude of segments for his team and clients involved with the acquisition, disposition, and leasing of retail/mixed-use assets. Patrick integrates his team’s experience and expertise into a streamlined process with the use of a world-class platform to produce client-specific results for institutional and private investors, landlords, and tenants.

Patrick’s investment sale and lease experience in a dynamically changing retail landscape has provided modern and creative solutions for his clients and team. His ability to obtain and analyze financial data/trends and his diligence to produce comprehensive materials allows their clients to make timely and well-informed decisions. Prior to Kidder Mathews, Patrick was an associate with CBRE focusing on investment sales. His time within the commercial real estate industry provides him with well-versed experience in capital markets, lease advisory/negotiations, discounted cash flow models/analytics, global marketing, and executing internal business practices held to the high standards of a Fortune 200 company.
(310) 592-2884
Contact
Ken McLeod, Senior Vice President
(310) 592-2884
Contact
Ken is an accomplished Southern California broker with over 25 years of experience, who specializes in investments sales with an emphasis on retail properties and shopping centers. In the course of his career, he has completed over $1 billion in transactions.

Ken is part of a comprehensive retail team based in Kidder Mathews’ El Segundo office. His retail sales expertise comprises the sale of shopping centers, strip centers, “high street” retail, mixed use, net leased properties, and development sites. He has represented a broad array of institutional and private clients, both nationally and globally. Before joining Kidder Mathews in March 2023, Ken spent eleven years at CBRE. Prior to his tenure at CBRE, he was with Grubb & Ellis (now Newmark), for fourteen years and in the early stages of his career with the firm Sperry Van Ness.

A Southern California native, Ken grew up in the city of Huntington Beach. In his spare time he enjoys, running, hiking, reading for personal improvement, and is an avid golfer. Ken has two children and enjoys coaching their baseball and basketball teams, as well as helping them improve on their golfing skills.
(818) 554-7126
Contact
Alex Vasquez, Vice President
(818) 554-7126
Contact
Alex Vasquez is a vice president at Kidder Mathews. He is based out of the company’s San Fernando Valley office, the newest of Kidder Mathews’ offices in the Los Angeles region. Alex specializes in the disposition and acquisition of investment properties. His primary focus is on retail properties, generally encompassing the Southern California region, though he and his team have transacted in markets outside of Southern California, as well. Alex has also assisted clients with transacting on other product types like multifamily, land, office and industrial, as well as executing leases for his clients.

Prior to joining Kidder Mathews, Alex worked at CBRE’s West Los Angeles office for over seven years. Prior to that, he worked as an agent at Stevenson Real Estate Services in Glendale, CA, as well as Sperry Van Ness in Encino. Alex is part of a comprehensive retail team also based in Kidder Mathews El Segundo office. Additional past work experience includes his roles as salesperson and regional manager for the McGraw-Hill Companies educational publishing sector, and regional manager for the Downtown Newhall Revitalization Project in the city of Santa Clarita.

His team’s multi-faceted marketing system and approach is aimed at procuring multiple offers, which affords a seller to select a buyer with the best opportunity to execute and complete the transaction. With buyers, his team’s tactical approach is aimed to identify those properties that best fit the buyer’s criteria.
(310) 497-5218
Contact
Zachary Card, First Vice President
(310) 497-5218
Contact
Zachary Card is a First Vice President and leads a retail services team of four in CBRE’s Beverly Hills Office. For over 14 years he has been servicing retail and mixed-use developers, as well as institutional owners throughout Southern California, with a primary focus on Los Angeles’ prestigious “Westside”. Zac possesses a passion and creative talent for providing strategic acquisition, disposition, development, leasing & merchandising solutions for a variety of retail assets including but not limited to high street retail, urban mixed-use, lifestyle shopping centers, and community centers. He is currently involved in four of the largest ground up mixed-use developments in Los Angeles with a total project cost of over a billion dollars.

To date, Zac and his Retail Services Team have successfully completed over 950 transactions with a total consideration in excess of $1.2 billion. Zac grew up in Pacific Palisades following three generations of “Westside” natives and was raised with a high moral compass, a strong work ethic, and appreciation for the outdoors and all things artistic. Prior to joining CBRE, he was a touring musician and top-producing luxury retail sales manager. Zac lives in the West Hollywood area with his wife Cassandra and their two children. Zac’s “little slice of heaven” is spending time with his family at their Avocado farm in Ojai, CA and their mountain retreat in Baldwin Lake, CA.
(424) 365-8883
Contact
Erik Krasney, Senior Associate
(424) 365-8883
Contact
Erik joined CBRE in 2017 with a passion for all things retail. He leads in the strategy and execution of leasing over 1MM square feet of retail and restaurant space, with a special emphasis on ground-up mixed-use development, adaptive re-use and investment sales.

Erik is data driven, creative and systematic.  He pairs the art & science of retail with deep relationships, an intimate knowledge of Los Angeles and a mastery of the CBRE platform.
(310) 940-5545
Contact
Sophia Kessler, Associate
(310) 940-5545
Contact
Sophia Kessler is an Associate with SoCal Retail | Investments Sales & Leasing Advisory, a CBRE team based in the South Bay region of Los Angeles, CA. The team provides a unique full service (sales & leasing) partnership approach to its investor, developer, landlord, and tenant clients. The team has in excess of 75 years combined retail experience, 250 properties sold for consideration of over $2.8 billion, and involvement in 200 million SF of leased space.

With over 10 years of experience working in Retail, Sophia’s primary role involves business pursuits, marketing, Landlord and Tenant representation and account management. Sophia was raised in Los Angeles and deeply understands the city’s diverse retail submarkets. She is an integral part of the team’s Corporate Tenant Accounts business which includes national gas stations, retail banks, restaurants, and retailers. In addition to her leasing role, Sophia is a vital part of the prospecting efforts for the team’s Investment Sale listings. With an extensive background in business development outreach, Sophia creates value for the team’s clients through the design and implementation of strategic buyer outreach campaigns. Sophia is recognized by her clients and colleagues as exceptionally personable, highly detail oriented and a strong communicator.

Sophia is a proud alumnus of The George Washington University in Washington D.C where she graduated with a bachelor’s degree in International Affair’s and International Economics. Sophia’s background in retail started at a young age from working on Abbot Kinney Boulevard and includes experience working for Local and International retailers such as All Saints, Planet Blue, and Nordstrom. In her spare time, she likes to spend time with her friends, family, and her puppy Cheeto. Her interests include live music, food, fashion, and traveling.

About the Owner

Read More
  • Listing ID: 34174986

  • Date on Market: 10/12/2024

  • Last Updated:

  • Address: 459-463 S La Brea Ave, Los Angeles, CA 90036

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