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1219 S La Brea Ave
Los Angeles, CA 90019

Bldg A · Retail Property For Sale

Retail Space California Los Angeles 1219 S La Brea Ave, Los Angeles, CA 90019

Investment Highlights

  • High Traffic Counts
  • Owner/User Opportunity
  • Centralized Location

Executive Summary

First time on the market for sale in over 40 years! Rare opportunity for an owner/user or investor to acquire this built-out photo studio. Has been operated as a photo studio, either by the owner, or leased out, for over 40 years. Great opportunity to acquire a two building retail location in the prime in-fill Mid-Wilshire neighborhood of Los Angeles. Close proximity to Koreatown, the Grove, and the Pico/Robertson neighborhoods of Los Angeles. Easy access to the 10 freeway and DTLA. Upside in rents, tenant currently paying only $2.12/Sq. Ft./month NNN. Interior amenities include: Coved Corner Cyclorama, full kitchen, full bath, Vaulted Ceilings, Sound Dampening, and much more.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
4,242 SF
Building Class
C
Year Built/Renovated
1939/2012
Price
$3,127,264 CAD
Price Per SF
$737 CAD
Cap Rate
4.92%
NOI
$153,897 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.17 AC
Zoning
C2 - Commercial
Parking
7 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
45 ft on South La Brea Avenue

Amenities

  • Signalized Intersection

PROPERTY TAXES

Parcel Number 5084-028-003 Improvements Assessment $180,623 CAD
Land Assessment $466,199 CAD Total Assessment $646,822 CAD

PROPERTY TAXES

Parcel Number
5084-028-003
Land Assessment
$466,199 CAD
Improvements Assessment
$180,623 CAD
Total Assessment
$646,822 CAD
 

  • Listing ID: 31791963

  • Date on Market: 2024-05-14

  • Last Updated:

  • Address: 1219 S La Brea Ave, Los Angeles, CA 90019

The Retail Property at 1219 S La Brea Ave, Los Angeles, CA 90019 is currently available for sale. Contact Commercial Brokers International for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/19
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 1 of 19
1219 La Brea Front View
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 2 of 19
1219 La Brea Drive Way
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 3 of 19
1219 La Brea Rear Photo Studio
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 4 of 19
1219 La Brea Front View
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 5 of 19
1219 Studio pic
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 6 of 19
1219 Studio layout
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 7 of 19
Courtyard and Driveway
1219 S La Brea Ave, Los Angeles, CA for sale Building Photo- Image 8 of 19
Parking - 7 spaces
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 9 of 19
1219 La Brea - Corner Coved Cyclorama
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 10 of 19
1219 La Brea - Corner Coved Cyclorama
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 11 of 19
1219 La Brea - Interior - Full Kitchen
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 12 of 19
1219 La Brea - Make Up Station
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 13 of 19
1219 La Brea - Lounge
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 14 of 19
1219 La Brea - Kitchen
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 15 of 19
1219 La Brea - Kitchen
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 16 of 19
1219 La Brea
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 17 of 19
1219 La Brea - Full Bathroom
1219 S La Brea Ave, Los Angeles, CA for sale Interior Photo- Image 18 of 19
1219La Brea - Bathroom

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