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8300-8302 W 3rd St
Los Angeles, CA 90048 Hancock Park

$4,950,000 USD

Storefront For Sale • 5,310 SF

Property Details

Property Type Storefront
Total Building Size 5,310 SF
Lot Size 0.11 AC
Building Class C
Year Built 1957
Tenancy Multiple
Zoning C2, Los Angeles

70 Transit Score

90 Walk Score

                
                    Highlights
                
                                Multi-tenant NNN investment opportunity with low management requirements and guaranteed lease income.
                            
                                Recently renovated building in excellent condition, minimizing future capital needs.
                            
                                Located in Beverly Grove, a premier retail corridor with strong foot traffic and affluent demographics.
                            
                                Signalized corner position near The Grove and Farmers Market, ensuring high visibility and consumer presence.
                            
                                Passive NNN lease structure with tenants responsible for taxes, insurance, utilities, and CAM charges.
                            
                                Attractive 1031 exchange candidate with annual 3% rent increases and options to extend lease terms.

Property Flyers

8300 W 3rd Street

Amenities

Corner Lot
Signage
Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
	19 min	-	8.5 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))	20 min	-	8.7 mi
Airport	Drive	Walk	Distance
Los Angeles International	22 min	-	10.7 mi
Bob Hope	26 min	-	12.3 mi
Long Beach (Daugherty Field)	40 min	-	27.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

William Althouse 310-923-2700 WESTMAC Commercial Brokerage Company

8300-8302 W 3rd St Los Angeles, CA 90048 Hancock Park