Retail Business for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Los Angeles, CA 90020

Description

Even with Los Angeles' most celebrated neighborhoods and destinations outside your door, the apartment homes and communal spaces at Nova make it easy to kick back and stay in. Step away from the crowded gym with your own workout studio and outdoor pool. Connect with neighbors while taking in views from the rooftop resident lounge. Or relax and entertain from the comfort of a contemporary home with modern amenities and open floorplans.New 7-story mixed-use development with 228 modern apartments. Approximately 14,310 SF of ground floor retail and restaurant spaces Wilshire/Western Station is 0.3 miles from the property Located on a signalized corner with great visibility 162,525 daytime residents within a 2-mile radius Walk Score: Walkers Paradise (92), Transit Score: Excellent Transit (75)

Market Context

This retail in Los Angeles, CA is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Los Angeles, CA — <a href="/search/sale/retail/california/los-angeles">view the full market</a>.

As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: Consensus Q3 2023 market report.

Retail market FAQ

What is the typical cap rate for retail in Greater Los Angeles?
About 5.0% as of Q3 2023, per Consensus.

Unified Estimate

Medium Confidence

$316.85/SF – $428.67/SF

Mid: $372.76/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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