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Two Adjacent Parcels on S La Brea Avenue 459-463 S La Brea Ave
2,071 - 12,589 SF of Retail Space Available in Los Angeles, CA 90036
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,407 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 467A | 2,111 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 467B | 2,071 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
600 S La Brea Ave - 1st Floor
Vacant brewery
- Partially Built-Out as a Restaurant or Café Space
463-467 S La Brea Ave - 1st Floor - Ste 467A
Vacant retail space.
463-467 S La Brea Ave - 1st Floor - Ste 467B
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.
PROPERTY FACTS FOR 459-463 S La Brea Ave , Los Angeles, CA 90036
| Center Type | Strip Center | Frontage | |
| Parking | 15 Spaces | Gross Leasable Area | 16,331 SF |
| Stores | 2 | Total Land Area | 0.33 AC |
| Center Properties | 2 | Year Built | 1928 |
| Center Type | Strip Center |
| Parking | 15 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 16,331 SF |
| Total Land Area | 0.33 AC |
| Year Built | 1928 |
DEMOGRAPHICS
Demographics
About Miracle Mile
Central Los Angeles is one of the most attractive locations for retailers to set up shop in Greater Los Angeles. The area benefits from high local population densities, traffic counts and incomes, all of which provides a substantial consumer base. Several corridors are among the hottest retail nodes in the region, particularly La Brea and Fairfax Aves., both of which have seen dramatic evolutions in recent years in terms of the retailers which have opened.
The unique vibes of these corridors also attract people from throughout Southern California as well as millions of tourists a year. The Grove at Fairfax Ave and West 3rd Street is one of the highest grossing shopping centers in the nation. Retailers in Central L.A. range from local to national. Some of the most innovative brands in the world call the area home, given its reputation as a center of trend creation and L.A. glamour.
The consumer base is attracted to the area for its central location in the metro, with convenient access to jobs, cultural amenities, and retail. This area of Los Angeles is home to some of the hottest restaurants, including Republique, SUGARFISH, and Sycamore Kitchen.
Nearby Major Retailers
Leasing Teams
Leasing Teams
Patrick Ylagan,
Senior Associate
Patrick’s investment sale and lease experience in a dynamically changing retail landscape has provided modern and creative solutions for his clients and team. His ability to obtain and analyze financial data/trends and his diligence to produce comprehensive materials allows their clients to make timely and well-informed decisions. Prior to Kidder Mathews, Patrick was an associate with CBRE focusing on investment sales. His time within the commercial real estate industry provides him with well-versed experience in capital markets, lease advisory/negotiations, discounted cash flow models/analytics, global marketing, and executing internal business practices held to the high standards of a Fortune 200 company.
Ken McLeod, Senior Vice President
Ken is part of a comprehensive retail team based in Kidder Mathews’ El Segundo office. His retail sales expertise comprises the sale of shopping centers, strip centers, “high street” retail, mixed use, net leased properties, and development sites. He has represented a broad array of institutional and private clients, both nationally and globally. Before joining Kidder Mathews in March 2023, Ken spent eleven years at CBRE. Prior to his tenure at CBRE, he was with Grubb & Ellis (now Newmark), for fourteen years and in the early stages of his career with the firm Sperry Van Ness.
A Southern California native, Ken grew up in the city of Huntington Beach. In his spare time he enjoys, running, hiking, reading for personal improvement, and is an avid golfer. Ken has two children and enjoys coaching their baseball and basketball teams, as well as helping them improve on their golfing skills.
Alex Vasquez, Vice President
Prior to joining Kidder Mathews, Alex worked at CBRE’s West Los Angeles office for over seven years. Prior to that, he worked as an agent at Stevenson Real Estate Services in Glendale, CA, as well as Sperry Van Ness in Encino. Alex is part of a comprehensive retail team also based in Kidder Mathews El Segundo office. Additional past work experience includes his roles as salesperson and regional manager for the McGraw-Hill Companies educational publishing sector, and regional manager for the Downtown Newhall Revitalization Project in the city of Santa Clarita.
His team’s multi-faceted marketing system and approach is aimed at procuring multiple offers, which affords a seller to select a buyer with the best opportunity to execute and complete the transaction. With buyers, his team’s tactical approach is aimed to identify those properties that best fit the buyer’s criteria.
Zachary Card,
First Vice President
To date, Zac and his Retail Services Team have successfully completed over 950 transactions with a total consideration in excess of $1.2 billion. Zac grew up in Pacific Palisades following three generations of “Westside” natives and was raised with a high moral compass, a strong work ethic, and appreciation for the outdoors and all things artistic. Prior to joining CBRE, he was a touring musician and top-producing luxury retail sales manager. Zac lives in the West Hollywood area with his wife Cassandra and their two children. Zac’s “little slice of heaven” is spending time with his family at their Avocado farm in Ojai, CA and their mountain retreat in Baldwin Lake, CA.
Erik Krasney, Senior Associate
Erik is data driven, creative and systematic. He pairs the art & science of retail with deep relationships, an intimate knowledge of Los Angeles and a mastery of the CBRE platform.
Sophia Kessler, Associate
With over 10 years of experience working in Retail, Sophia’s primary role involves business pursuits, marketing, Landlord and Tenant representation and account management. Sophia was raised in Los Angeles and deeply understands the city’s diverse retail submarkets. She is an integral part of the team’s Corporate Tenant Accounts business which includes national gas stations, retail banks, restaurants, and retailers. In addition to her leasing role, Sophia is a vital part of the prospecting efforts for the team’s Investment Sale listings. With an extensive background in business development outreach, Sophia creates value for the team’s clients through the design and implementation of strategic buyer outreach campaigns. Sophia is recognized by her clients and colleagues as exceptionally personable, highly detail oriented and a strong communicator.
Sophia is a proud alumnus of The George Washington University in Washington D.C where she graduated with a bachelor’s degree in International Affair’s and International Economics. Sophia’s background in retail started at a young age from working on Abbot Kinney Boulevard and includes experience working for Local and International retailers such as All Saints, Planet Blue, and Nordstrom. In her spare time, she likes to spend time with her friends, family, and her puppy Cheeto. Her interests include live music, food, fashion, and traveling.
About the Owner
Contacts
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Patrick Ylagan
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Ken McLeod
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Alex Vasquez
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Zachary Card
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Erik Krasney
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Sophia Kessler
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Kidder Mathews
Presented by
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Two Adjacent Parcels on S La Brea Avenue | 459-463 S La Brea Ave
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