Los Angeles Retail for Sale - Miracle Mile
**ASKING PRICE: $9,950,000**
COMPETITIVELY PRICED BELOW REPLACEMENT COST
BROKER COOPERATION WELCOMED
Ownership welcomes broker participation and will compensate the procuring broker. Brokers are encouraged to bring qualified buyers and may have the opportunity to represent both Buyer and Seller, subject to applicable laws and disclosures.
OWNERSHIP IS OPEN TO REVIEWING ALL QUALIFIED OFFERS
Seller may consider seller financing, carry-back financing, or other creative transaction structures for qualified purchasers.
DELIVERED VACANT AT CLOSE OF ESCROW
OWNER-USER, INVESTMENT, OR REDEVELOPMENT OPPORTUNITY
Please contact Ownership directly for financial information, property tours, and offering materials.
Rare opportunity to acquire a highly visible mixed-use corner asset totaling approximately ±13,000 rentable square feet, prominently positioned at the signalized intersection of La Brea Avenue and 6th Street within one of Los Angeles' most dynamic and rapidly evolving commercial corridors.
The property features a fully built second-generation restaurant space with over $5 million invested in infrastructure and improvements, significantly reducing the time, cost, and entitlement risk typically associated with opening a hospitality concept in Los Angeles. The space also offers flexibility for a variety of alternative uses, including restaurant, showroom, retail, automotive, creative office, medical, specialty commercial, and other permitted uses.
Strategically located just steps from République, Michael Mina at La Brea & Sycamore, and surrounded by premier national and local retailers, the property benefits from exceptional visibility, affluent demographics, and approximately 75,000 vehicles per day passing through the corridor.
The upper levels further enhance the property's versatility and income potential through a combination of residential and office components, while the highly visible corner location offers significant branding, signage, and ancillary revenue opportunities, including existing digital display infrastructure.
This offering presents a unique opportunity for an investor, owner-user, hospitality operator, automotive user, or strategic buyer to acquire a trophy corner asset in one of Los Angeles' premier retail, dining, and commercial districts.
Contact directly at : (310) 927-2626