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150 S La Brea Ave
Los Angeles, CA 90036

$24,000,000 USD

Storefront For Sale  •  24,364 SF

Property Details

  • Property Type Storefront
  • Total Building Size 24,364 SF
  • Lot Size 0.59 AC
  • Building Class B
  • Year Built 1939
  • Tenancy Multiple
  • Zoning C2-1VL
58 Transit Score
91 Walk Score

Highlights

High Traffic Count at 36,000 cars per day
Billboard-like 240 linear feet of street frontage
54 cars parking on-site in a two-level structure
Historical Occupancy-Legacy Tenant - American Rag at the location for 39 years
Sale-Leaseback- Perfect exchange buyer investment priced at 6% Cap Rate
Owner Occupier Potential, depending on Buyer preference

Amenities

  • Metro/Subway

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 14 min - 7.2 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 8.5 mi
AirportDriveWalkDistance
Bob Hope 21 min - 10.9 mi
Los Angeles International 23 min - 11.0 mi
Long Beach (Daugherty Field) 39 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Darrell Levonian 310-312-1800 Kidder Mathews
Darrell Levonian 310-312-1800 Kidder Mathews