8055-8075 West 3rd Street 2 Properties Offered at £27,136,080 in Los Angeles, CA

INVESTMENT HIGHLIGHTS

  • Prime location
  • High end retail spaces
  • "Walker's Paradise" - 96 out of 100 Walk Score
  • Atrium office building with tons of natural light and views of the Hollywood sign
  • Excellent foot traffic and visibility in a vibrant commercial center
  • Located minutes away from key Los Angeles attractions like LACMA, the Academy Museum and the Peterson Automotive Museum

EXECUTIVE SUMMARY

A full city block in prime Los Angeles
Property can be delivered 51% vacant for an owner-user
Renovated top-to-bottom in 2015
Ample parking
Huge signage opportunity
Surrounded by a dynamic mix of businesses and high-end residential communities

PROPERTY FACTS

Price £27,136,080
Price / SF £602.57 / SF
Net Initial Yield 6.20%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 45,034 SF
Total Land Area 0.62 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
3rd & Crescent Heights
8065-8075 W 3rd St, Los Angeles, CA 90048
Office 38,594 SF 1981 -
8049-8055 W 3rd St, Los Angeles, CA 90048 Retail 6,440 SF 1970 -
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  • Listing ID: 32378431

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 8055-8075 West 3rd Street, Los Angeles, CA