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4005 W 3rd St
Los Angeles, CA 90020 Koreatown

Price Upon Request

General Retail For Sale  •  5,732 SF

Property Details

  • Property Type General Retail
  • Total Building Size 5,732 SF
  • Lot Size 0.35 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Multiple
  • Zoning LAC2
77 Transit Score
93 Walk Score

Highlights

Located at the signalized intersection of major north-south arterial - Normandie Avenue - and major east-west arterial - Third Street
Fair market rent adjusted in 2025 (Estimated stabilized cap rate of 6.85%); Long term tenancy and future development potential
Single tenant net lease; Highly visible and large monument pole signage; Easy access on Third St. and Normandie Ave.
Walk Score of 92 - Walker’s Paradise; Nearly ±50,000 CPD at intersection
Submarket vacancy rate estimated below 3.9%; Potential for hedge against inflation
Incredibly dense local residential market

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 5.0 mi
Transit/SubwayDriveWalkDistance
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 11 min 0.6 mi
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 20 min 1.0 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 20 min - 11.6 mi
Los Angeles International 25 min - 12.9 mi
Long Beach (Daugherty Field) 35 min - 24.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes