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345 N La Brea Ave 13,906 SF 100% Leased Retail Building Los Angeles, CA 90036 $7,615,080 CAD ($547.61 CAD/SF) 6.17% Cap Rate
Investment Highlights
- Heavy traffic count
- Just blocks from the High End Hancock Park District
- Parking behind and under the building
- Frontage to La Brea Ave
- Elevator
- Value add available with rooftop and 40% vacancy
Executive Summary
SELLER FINANCING AVAILABLE
Position your investment at 345 N La Brea Ave, Los Angeles, CA 90036—a fully leased, multi-tenant commercial building offering immediate income and long-term development potential. The property features 100% occupancy, elevator service, ground-floor, second-floor, and rooftop income, subterranean parking spaces with rear access, automatic security gate, security cameras and fire sprinkler protection. Current reported gross annual rents are approximately $519,000, with potential rooftop opportunities subject to terms and verification. Zoned LAC2, the property may offer multiple development opportunities subject to applicable zoning requirements, permits, code compliance, and independent buyer verification. The seller is offering the property without 1031-exchange conditions. GLA, rents, expenses, zoning, and all income projections are subject to verification; contact the listing agent for the current rent roll and expense information. Only serious offers accompanied by verifiable proof of funds (POF) will be entertained.
Position your investment at 345 N La Brea Ave, Los Angeles, CA 90036—a fully leased, multi-tenant commercial building offering immediate income and long-term development potential. The property features 100% occupancy, elevator service, ground-floor, second-floor, and rooftop income, subterranean parking spaces with rear access, automatic security gate, security cameras and fire sprinkler protection. Current reported gross annual rents are approximately $519,000, with potential rooftop opportunities subject to terms and verification. Zoned LAC2, the property may offer multiple development opportunities subject to applicable zoning requirements, permits, code compliance, and independent buyer verification. The seller is offering the property without 1031-exchange conditions. GLA, rents, expenses, zoning, and all income projections are subject to verification; contact the listing agent for the current rent roll and expense information. Only serious offers accompanied by verifiable proof of funds (POF) will be entertained.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$718,587
|
$58.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$718,587
|
$58.26
|
| Taxes |
$77,535
|
$6.29
|
| Operating Expenses |
$171,685
|
$13.92
|
| Total Expenses |
$249,221
|
$20.20
|
| Net Operating Income |
$469,366
|
$38.05
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $718,587 |
| Annual Per SF | $58.26 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $718,587 |
| Annual Per SF | $58.26 |
| Taxes (CAD) | |
|---|---|
| Annual | $77,535 |
| Annual Per SF | $6.29 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $171,685 |
| Annual Per SF | $13.92 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $249,221 |
| Annual Per SF | $20.20 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $469,366 |
| Annual Per SF | $38.05 |
Property Facts
Sale Type
Investment
Property Type
Building Size
13,906 SF
Building Class
B
Year Built
1986
Price
$7,615,080 CAD
Price Per SF
$547.61 CAD
Cap Rate
6.17%
NOI
$469,802 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
1.68
Lot Size
0.19 AC
Zoning
LAC2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
14 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
105’ on La Brea Ave
Amenities
- 24 Hour Access
- Courtyard
- Food Court
- Restaurant
- Signage
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5525-033-030 | Total Assessment | $6,181,391 CAD |
| Land Assessment | $1,815,371 CAD | Annual Taxes | $77,535 CAD ($5.58 CAD/SF) |
| Improvements Assessment | $4,366,020 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5525-033-030
Land Assessment
$1,815,371 CAD
Improvements Assessment
$4,366,020 CAD
Total Assessment
$6,181,391 CAD
Annual Taxes
$77,535 CAD ($5.58 CAD/SF)
Tax Year
2025
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345 N La Brea Ave
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