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612 S La Brea Ave, Los Angeles, CA 90036
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612 S La Brea Ave Los Angeles, CA 90036

$30,800
  • -- Beds
  • -- Baths
  • 7,700 Sq.Ft.
For Lease
$30,800 Get Pre-Qualified
Map preview of 612 S La Brea Ave, Los Angeles, CA 90036

Property Overview: 612 S La Brea Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 7,700 living square feet and 6,302 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: NEW Starting lease rate at $4.00 with a scale up program to market rent of $6.00 for lease terms from two to ten years - Beautiful Bow Truss Ceiling construction with polished concrete flooring and concrete walls (reminiscent of Old LA architecture). The wide open floor plan has 6,300 sf on the ground floor and 1,400 sf on the three mezzanine areas in the back area next to the rollup door leading to the alley. A Fantastic location sandwiched between Hancock Park (established high-end residential community), The Miracle Mile (highest density corridor in all of L.A.) and Museum Row. There are major new developments built, under construction or in final planning stages - such as - The Wilshire-La Brea Metro Station, 8 story Mix use project directly across the street with 125 unit hotel, 121 luxury apts. and retail/commercial on the ground floor, The Academy Museum of Motion Pictures approved new development and multiple high density residential projects. Some of the neighboring communities and landmarks include: Hancock Park / Greater Wilshire areas prestige's single family neighborhood, Miracle Mile - most densely populated area in all of LA (with high rise Luxury Apartments, Professional offices, boutique stores and restaurants), Museum Row with The Los Angeles County Museum, The Peterson Automotive Museum (among other great Museums), the El Rey Theater, the La Brea Tar Pits, Farmers Market and the Grove just to mention a few. Demographics are off the charts w-high net worth residence with income levels well above $120,000 and high property values with starter homes at $1 mill plus.

Listed by Michael Talbot | BRE #00645363 | RE/MAX Estate Properties
Last checked: 9 minutes ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 466

Home details

Lot Sq. Ft
6,302
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Retail
Status
Active
MLS#
SB23011272
City
Los Angeles
County
Los Angeles
Time on Site
477 days

Open Houses for 612 S La Brea Ave

No upcoming open houses

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Property Details for 612 S La Brea Ave

Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 1
  • Parcel Number: 5507023025
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Wilshire and 6th St. are the two nearest intersections
View more facts & features

Local Los Angeles Agent

Sale History for 612 S La Brea Ave

Last sold for $4,600,000 on July 26th, 2019

  • January, 2023

  • Jan 20, 2023

    Date

    Active

    CRMLS: SB23011272

    $46,200

    Price

  • September, 2020

  • Sep 18, 2020

    Date

    Active

    CRMLS: SB20195735

    $40,040

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Bow Truss Ceiling construction with polished concrete flooring and concrete walls (reminiscent of Old LA architecture). The wide open floor plan has 6,300 sf on the ground floor and 1,400 sf on the three mezzanine areas in the back area next to the rollup door leading to the alley. A Fantastic location sandwiched between Hancock Park (established high-end residential community), The Miracle Mile (highest density corridor in all of L.A.) and Museum Row. There are major new developments built, under construction or in final planning stages - such as - The Wilshire-La Brea Metro Station, 8 story Mix use project directly across the street with 125 unit hotel, 121 luxury apts. and retail/commercial on the ground floor, The Academy Museum of Motion Pictures approved new development and multiple high density residential projects. Some of the neighboring communities and landmarks include: Hancock Park / Greater Wilshire areas prestige's single family neighborhood, Miracle Mile - most densely populated area in all of LA (with high rise Luxury Apartments, Professional offices, boutique stores and restaurants), Museum Row with The Los Angeles County Museum, The Peterson Automotive Museum (among other great Museums), the El Rey Theater, the La Brea Tar Pits, Farmers Market and the Grove just to mention a few. Demographics are off the charts w-high net worth residence with income levels well above $120,000 and high property values with starter homes at $1 mill plus.

  • July, 2019

  • Jul 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,600,000

    Price

  • July, 2019

  • Jul 24, 2019

    Date

    Sold

    CRMLS: SB19101082

    $4,600,000

    Price

  • May 3, 2019

    Date

    Active Under Contract

    CRMLS: SB19101082

    $4,650,000

    Price

  • May 2, 2019

    Date

    Active

    CRMLS: SB19101082

    $4,650,000

    Price

  • Listing provided courtesy of CRMLS

    Historic LA Retail located in the transitioning Wilshire - La Brea commercial corridor. Originally an industrial building that was converted to retail while retaining a little of L.A. history. Centrally located with major new developments surrounding the property. Illustrating the trend for redevelopment of larger scale projects. Major new developments have been built, are under construction and are in the planning stages.

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Tax History for 612 S La Brea Ave

Assessed Value (2020): $4,600,000
Year Land Value Improved Value Assessed Value
2020 $4,000,000 $600,000 $4,600,000

Home Value Compared to the Market

This property vs the competition

612 S La Brea Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment.

About 612 S La Brea Ave

Detailed summary of property

612 S La Brea Ave is a retail for lease located in Los Angeles, CA 90036. This retail property offers -- bedrooms, -- bathrooms, roughly 7,700 living square feet, and sits on an approximately 6,302 square foot lot. 612 S La Brea Ave was first listed on ArdentRealEstateGroup.com on January 21, 2023. The homeowner is currently asking $30,800. Local homes that are currently for sale include 800 S Ridgeley Dr, 160 S Poinsettia Pl and 109 N Sycamore Ave #101. While the average home in Los Angeles, CA is selling in 93 days, 612 S La Brea Ave has a days on market of 466 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for lease at 612 S La Brea Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 612 S La Brea Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
6,300
Lot Size
6,302
Stories
1
Type
Warehouse (Industrial)
Pool
No
Spa
No
County
Los Angeles
Lot#
378,379
APN
5507-023-025

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$881
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
53
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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