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Investment Highlights

  • Mixed-use property with street-front retail storefront and separate rear triplex
  • Lot with parking/open-use area
  • Excellent street visibility and signage potential
  • Front storefront can be delivered vacant
  • Owner-user or value-add investment opportunity
  • Income-producing residential component

Executive Summary

Storefront can be delivered vacant upon close of escrow. Showing by appointment only.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,808 SF
Building Class
C
Year Built/Renovated
1951/2024
Price
$2,448,775 CAD
Price Per SF
$509.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Lot Size
0.19 AC
Zoning
LAC2-1VL-CPIO - LAC2-1VL-CPIO (Mixed-Use Limited Commercial: ZI-1231 Specific Plan South LA Alcohol Sale, ZI-2488 Redevelopment Project Area,ZI-2468 Community Plan
Parking
6 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
115’ on 3rd

Amenities

  • Corner Lot
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100

Nearby Major Retailers

CrossFit
Planet Fitness
Vallarta Supermarkets
Wells Fargo
Ono Hawaiian BBQ
The Buffalo Spot
IHOP
Starbucks
Food 4 Less
Sprouts Farmers Market

Property Taxes

Property Taxes

Parcel Number
4008-022-004
Land Assessment
$1,361,097 CAD
Improvements Assessment
$332,711 CAD
Total Assessment
$1,693,808 CAD
  • Listing ID: 40840813

  • Date on Market: 2026-06-08

  • Last Updated:

  • Address: 7051-7053 3rd Ave, Los Angeles, CA 90043

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