612 La Brea Avenue, Los Angeles

$30,800

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0 Bed
0 Bath
.14 Acre
0 Garage

NEW Starting lease rate at $4.00 with a scale up program to market rent of $6.00 for lease terms from two to ten years -

Beautiful Bow Truss Ceiling construction with polished concrete flooring and concrete walls (reminiscent of Old LA architecture). The wide open floor plan has 6,300 sf on the ground floor and 1,400 sf on the three mezzanine areas in the back area next to the rollup door leading to the alley. A Fantastic location sandwiched between Hancock Park (established high-end residential community), The Miracle Mile (highest density corridor in all of L.A.) and Museum Row. There are major new developments built, under construction or in final planning stages - such as - The Wilshire-La Brea Metro Station, 8 story Mix use project directly across the street with 125 unit hotel, 121 luxury apts. and retail/commercial on the ground floor, The Academy Museum of Motion Pictures approved new development and multiple high density residential projects.

Some of the neighboring communities and landmarks include: Hancock Park / Greater Wilshire areas prestige's single family neighborhood, Miracle Mile - most densely populated area in all of LA (with high rise Luxury Apartments, Professional offices, boutique stores and restaurants), Museum Row with The Los Angeles County Museum, The Peterson Automotive Museum (among other great Museums), the El Rey Theater, the La Brea Tar Pits, Farmers Market and the Grove just to mention a few. Demographics are off the charts w-high net worth residence with income levels well above $120,000 and high property values with starter homes at $1 mill plus.

Essential Information

MLS® #
SB23011272
Price
$30,800
Bathrooms
0.00
Acres
0.14
Year Built
1947
Type
Commercial Lease
Sub-Type
Retail
Status
Active

Community Information

Address
612 La Brea Avenue
Area
C18 - Hancock Park-Wilshire
City
Los Angeles
County
Los Angeles
Zip Code
90036
Senior Community
N

Utilities

Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected

Interior

# of Stories
1

Exterior

Roof
Composition

Lot Description

Flat, 0-1 Unit/Acre, Rectangular Lot, Street Level

Additional Information

Date Listed
January 19th, 2023
Days on Market
486

Listing Details

Agent
Michael Talbot
Office
RE/MAX Estate Properties
Property History
Price Reduced from $46,200 to $30,800

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Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 7:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.