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

$11,965 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
80 Transit Score
80 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 4,056 SF $35.40 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
  • 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

Type 47 Liquor License from 11 AM - 2 AM, daily
Fully approved patio dining with alcohol service
Turnkey with full kitchen, walk in fridge and bar
Permitted for Live Entertainment

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
The Phoenix

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 17 min - 8.9 mi
AirportDriveWalkDistance
Los Angeles International 21 min - 10.9 mi
Bob Hope 24 min - 12.6 mi
Long Beach (Daugherty Field) 39 min - 27.4 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