This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Heavy Traffic Retail Exposure 1331 S Vermont Ave
6,480 SF of Retail Space Available in Los Angeles, CA 90006
Highlights
- Ideal for Restaurant, Catering, Ghost Kitchen, Commissary, Banquet Hall
- Block-to-Block Frontage Just South of Pico Blvd
- Heavy Traffic Exposure and Visibility
- Extra Land
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,480 SF | 3-5 Years | $47.29 CAD/SF/YR $3.94 CAD/SF/MO $508.99 CAD/m²/YR $42.42 CAD/m²/MO $25,535 CAD/MO $306,418 CAD/YR | Modified Gross |
1st Floor
6,480 SF one-story commercial building on 18,250 SF of land. Potential for restaurant, catering, ghost kitchen, commissary, banquet hall, etc.
- Listed rate may not include certain utilities, building services and property expenses
- Central Air Conditioning
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1331 S Vermont Ave , Los Angeles, CA 90006
| Property Type | Retail | Year Built | 1932 |
| Property Subtype | Freestanding | Parking Ratio | 4.63/1,000 SF |
| Gross Leasable Area | 6,480 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,480 SF |
| Year Built | 1932 |
| Parking Ratio | 4.63/1,000 SF |
About the Property
Heavy traffic Vermont Avenue exposure great for any retail applications. Ideal for restaurant, catering business, ghost kitchen, commissary, banquet hall, etc. (existing grease trap clarifier). Two existing buildings with abundant on-site parking. Block-to-block parcel between Vermont Avenue and New Hampshire Avenue. Prime location just south of Pico Boulevard and 1-mile west of Downtown Los Angeles. 1.5-miles north of USC and 2.1-miles north of the Memorial Coliseum and the $1-billion George Lucas Museum of Narrative Art (estimated 2023 completion. Southeast gateway to Mid-Wilshire and Koreatown. Also available for sale (call broker for details).
Nearby Major Retailers
Presented by
Heavy Traffic Retail Exposure | 1331 S Vermont Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.