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8030 W 3rd St 1,820 SF of Retail Space Available in Los Angeles, CA 90048
Highlights
- 39' of Glass Frontage
- On one of the hottest blocks of Iconic W. 3rd St.
- Strong Dining Co-Tenancy
- Fully Equipped - 2 Kitchens each with Type 1 Hood
- Low Rent
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,820 SF | 12’ - 16’ | 10 Years | $108.21 CAD/SF/YR $9.02 CAD/SF/MO $196,937 CAD/YR $16,411 CAD/MO | Modified Gross |
1st Floor
THIS IS AN ASSET SALE - KEY MONEY REQUIRED - DO NOT DISTURB EMPLOYEES - TOURS BY APPOINTMENT ONLY Imagine yourself running a thriving restaurant in one of LA's most coveted dining destinations. This established Beverly Grove gem is a "Brand Building" location that sits right in the heart of West 3rd Street, surrounded by iconic spots like Joan's on Third, Bacari, Oste, El Carmen, and Little Door - you'll be joining some of the city's most beloved culinary landmarks. What makes this opportunity special? You're getting a fully equipped 1,822 square foot space that's ready to go. Picture this: two complete kitchens with Type 1 hoods (15-foot main kitchen, 8-foot prep kitchen), a walk-in cooler, and seating for 65 guests inside plus a 222 square foot patio on W. 3rd St. The main kitchen was expertly remodeled just a couple years ago with new equipment, so you won't need to worry about major upgrades. You'll love the flexibility here. Whether you're dreaming of a fast-casual concept, cozy wine bar, or full-service restaurant, this layout can adapt to your vision. The dual kitchen setup means you can operate efficiently while keeping costs manageable. There's a Brochure attached with front and back of house pictures, video tour included. The location works in your favor every day. You're in a neighborhood packed with residents and business professionals who are always looking for great dining options. Hanging with the lunch crowd alone with Uncle Paulies, Sweetgreen, Takagi Coffee, Mood, Oste, Joans, Fiorelli Pizza, LaLa Land, Sticky Rice, Palms N Patties, and Robata Jinya provides steady revenue, and the evening scene is vibrant with nearby hotspots Bacari, Viva La Mamma, Little Door, Katsuya, Regalade Bistro, Oste, Melanie Wine Bar and Badabussa drawing dinner guests your way. Financially, you're getting a smart deal. The landlord is flexible - you can negotiate a new lease or take over the current modified gross lease with low expenses. Everything comes included: extensive equipment list, furniture, fixtures, and a Type 41 ABC license so you can serve beer and wine until 11pm. This isn't just a restaurant purchase - it's your chance to step into either an established business with loyal customers, prime real estate, and room to grow or expand your brand into a lucrative new trade area. The current concept has built a strong local following, but you have the freedom to make it your own. The Lease has 3 x 5 year Options, - 1st Option @ 95% FMV, - 2nd Option @ 90% FMV, - 3rd Op[tion @ 90% FMV, 3% annual increases after each of the initial adjustment years Ready to explore this opportunity? An NDA is required for detailed financials and additional information.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
- Security System
- High Ceilings
- Plug & Play
- Finished Ceilings: 12’ - 16’
- 39' of Glass Frontage
- Fully Equipped - 2 Kitchens each with Type 1 Hood
- On one of the hottest blocks of Iconic W. 3rd St.
- Low Rent
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.
Select Tenants at 8030 W 3rd St, Los Angeles, CA 90048
- Tenant
- Description
- US Locations
- Reach
- Bacari W. 3rd
- Restaurant
- 3
- Local
| Tenant | Description | US Locations | Reach |
| Bacari W. 3rd | Restaurant | 3 | Local |
Property Facts
| Total Space Available | 1,820 SF | Gross Leasable Area | 1,820 SF |
| Property Type | Retail | Year Built/Renovated | 1941/2024 |
| Property Subtype | Restaurant |
| Total Space Available | 1,820 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,820 SF |
| Year Built/Renovated | 1941/2024 |
About the Property
THIS IS AN ASSET SALE - KEY MONEY REQUIRED - DO NOT DISTURB EMPLOYEES - TOURS BY APPOINTMENT ONLY Imagine yourself running a thriving restaurant in one of LA's most coveted dining destinations. This established Beverly Grove gem is a "Brand Building" location that sits right in the heart of West 3rd Street, surrounded by iconic spots like Joan's on Third, Bacari, Oste, El Carmen, and Little Door - you'll be joining some of the city's most beloved culinary landmarks. What makes this opportunity special? You're getting a fully equipped 1,822 square foot space that's ready to go. Picture this: two complete kitchens with Type 1 hoods (15-foot main kitchen, 8-foot prep kitchen), a walk-in cooler, and seating for 65 guests inside plus a 222 square foot patio on W. 3rd St. The main kitchen was expertly remodeled just a couple years ago with new equipment, so you won't need to worry about major upgrades. You'll love the flexibility here. Whether you're dreaming of a fast-casual concept, cozy wine bar, or full-service restaurant, this layout can adapt to your vision. The dual kitchen setup means you can operate efficiently while keeping costs manageable. There's a Brochure attached with front and back of house pictures, video tour included. The location works in your favor every day. You're in a neighborhood packed with residents and business professionals who are always looking for great dining options. Hanging with the lunch crowd alone with Uncle Paulies, Sweetgreen, Takagi Coffee, Mood, Oste, Joans, Fiorelli Pizza, LaLa Land, Sticky Rice, Palms N Patties, and Robata Jinya provides steady revenue, and the evening scene is vibrant with nearby hotspots Bacari, Viva La Mamma, Little Door, Katsuya, Regalade Bistro, Oste, Melanie Wine Bar and Badabussa drawing dinner guests your way. Financially, you're getting a smart deal. The landlord is flexible - you can negotiate a new lease or take over the current modified gross lease with low expenses. Everything comes included: extensive equipment list, furniture, fixtures, and a Type 41 ABC license so you can serve beer and wine until 11pm. This isn't just a restaurant purchase - it's your chance to step into either an established business with loyal customers, prime real estate, and room to grow or expand your brand into a lucrative new trade area. The current concept has built a strong local following, but you have the freedom to make it your own. The Lease has 3 x 5 year Options, - 1st Option @ 95% FMV, - 2nd Option @ 90% FMV, - 3rd Op[tion @ 90% FMV, 3% annual increases after each of the initial adjustment years Ready to explore this opportunity? An NDA is required for detailed financials and additional information.
- Restaurant
- Air Conditioning
Nearby Major Retailers
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8030 W 3rd St
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