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8480-8482 W 3rd St
Los Angeles, CA 90048 Hancock Park

$16,224 USD/MO

Storefront For Lease  •  4,056 SF

Property Details

  • Property Type Storefront
  • Year Built 1973
  • Total Building Size 4,056 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning C2
64 Transit Score
90 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 4,056 SF $48.00 USD/SF/YR 
8480 W 3rd Street sits at the highly trafficked intersection of La Cienega and 3rd Street, surrounded by notable destinations including the Beverly Center, Beverly Connection, Pali Hotel, Carla Café, and La La Land Kind Café. The property features valuable restaurant entitlements—a full liquor license with service until 2 a.m., outdoor dining approval, and reduced parking requirements—making it a true turnkey opportunity for operators. Formerly home to The Phoenix, a celebrated neighborhood restaurant with a strong day-and-night customer base, the space carries a proven track record of success. With unbeatable visibility and connectivity in the heart of West Hollywood/Beverly Grove, the property is perfectly positioned for the next great dining concept.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description 

8480 W 3rd Street sits at the highly trafficked intersection of La Cienega and 3rd Street, surrounded by notable destinations including the Beverly Center, Beverly Connection, Pali Hotel, Carla Café, and La La Land Kind Café. The property features valuable restaurant entitlements—a full liquor license with service until 2 a.m., outdoor dining approval, and reduced parking requirements—making it a true turnkey opportunity for operators. Formerly home to The Phoenix, a celebrated neighborhood restaurant with a strong day-and-night customer base, the space carries a proven track record of success. With unbeatable visibility and connectivity in the heart of West Hollywood/Beverly Grove, the property is perfectly positioned for the next great dining concept.

Highlights

NO KEY MONEY
Amazing entitlements for type 47 liquor and live entertainment
Iconic high visibility location on 3rd street X La Cienega
Indoor/outdoor space with open layout

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
The Phoenix

Public Transportation

Commuter RailDriveWalkDistance
17 min - 8.9 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)) 21 min - 9.0 mi
AirportDriveWalkDistance
Los Angeles International 21 min - 10.7 mi
Bob Hope 24 min - 12.5 mi
Long Beach (Daugherty Field) 40 min - 27.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Jared Swedelson 818-742-1632 NAI Capital
Jared Swedelson 818-742-1632 NAI Capital