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8480-8482 W 3rd St 4,056 SF Retail Building Los Angeles, CA 90048 $5,713,344 CAD ($1,408.62 CAD/SF)
Investment Highlights
- Type 47 Liquor License from 11 AM - 2 AM, daily
- Turnkey restaurant with full kitchen, walk in fridge and large bar
- Fully approved outdoor patio dining with alcohol service
- Permitted for Live Entertainment
Executive Summary
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
8480 W 3rd Street sits at the highly trafficked intersection of La Cienega and 3rd Street, surrounded by notable destinations including the Beverly Center, Beverly Connection, Pali Hotel, Carla Café, and La La Land Kind Café. The property features valuable restaurant entitlements—a full liquor license with service until 2 a.m., outdoor dining approval, and reduced parking requirements—making it a true turnkey opportunity for operators. Formerly home to The Phoenix, a celebrated neighborhood restaurant with a strong day-and-night customer base, the space carries a proven track record of success. With unbeatable visibility and connectivity in the heart of West Hollywood/Beverly Grove, the property is perfectly positioned for the next great dining concept.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,056 SF | Restaurant | - | Now |
1st Floor
| Size |
| 4,056 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 4,056 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
8480 W 3rd Street sits at the highly trafficked intersection of La Cienega and 3rd Street, surrounded by notable destinations including the Beverly Center, Beverly Connection, Pali Hotel, Carla Café, and La La Land Kind Café. The property features valuable restaurant entitlements—a full liquor license with service until 2 a.m., outdoor dining approval, and reduced parking requirements—making it a true turnkey opportunity for operators. Formerly home to The Phoenix, a celebrated neighborhood restaurant with a strong day-and-night customer base, the space carries a proven track record of success. With unbeatable visibility and connectivity in the heart of West Hollywood/Beverly Grove, the property is perfectly positioned for the next great dining concept.
Nearby Major Retailers
Property Taxes
| Parcel Number | 5511-032-029 | Improvements Assessment | $816,121 CAD |
| Land Assessment | $4,570,315 CAD | Total Assessment | $5,386,437 CAD |
Property Taxes
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8480-8482 W 3rd St
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