126-128 S La Brea Ave
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126-128 S La Brea Ave
5,260 SF 100% Leased Retail Building Los Angeles, CA 90036 $7,019,186 CAD ($1,334 CAD/SF)
Investment Highlights
- There is street parking on La Brea Ave as well as 4 tandem parking spaces (8 cars) in the rear accessed by the public alley
- The improvements can be delivered partially vacant.
- The building has an Art Deco-like facade
Executive Summary
The Property is being offered for sale as and investment or alternatively, for a user occupier. There are two retail stores comprised of approximately 3,900 square feet per the owner rent roll. The tenancy includes the American Rag brand retail outlet occupying approximately 59% of the retail space and a local independent retailer in the balance of the
space, known as the Trading Post.
In addition to the two retail storefronts, there is a second level, with separate access, on La Brea Avenue, which is used as an apartment.
space, known as the Trading Post.
In addition to the two retail storefronts, there is a second level, with separate access, on La Brea Avenue, which is used as an apartment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,260 SF
Building Class
B
Year Built
1939
Price
$7,019,186 CAD
Price Per SF
$1,334 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.21
Land Acres
0.10 AC
Zoning
LAC2
Parking
3 Spaces (0.57 Spaces per 1,000 SF Leased)
Frontage
39 ft on S. La Brea Ave.
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5513-018-007 | Improvements Assessment | $786,689 CAD |
| Land Assessment | $1,475,046 CAD | Total Assessment | $2,261,736 CAD |
PROPERTY TAXES
Parcel Number
5513-018-007
Land Assessment
$1,475,046 CAD
Improvements Assessment
$786,689 CAD
Total Assessment
$2,261,736 CAD
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Darrell Levonian -
Richard Abdulian -
Kidder Mathews
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126-128 S La Brea Ave
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