Price Per SF Building - $191 3612-3620 W Jefferson Blvd Local commercial 996 m² 100 % Loué À vendre Los Angeles, CA 90016 1 759 208 € (1 766,41 €/m²) Taux de capitalisation 5,70 %

Floyd Shaheen of Marcus & Millichap and Robert Clifford of Lee & Associates West LA are pleased to present the exclusive offering of 3612–3620 West Jefferson Boulevard, a ±10,720 SF multi-tenant storefront retail and bow-truss flex property situated on ±11,251 SF of land in the highly active West Adams / Jefferson Park corridor. Offered at just $191 per square foot, well below replacement cost and recent neighborhood comparables, this property represents a rare value-add or owner-user opportunity in one of Los Angeles’ most rapidly transforming markets. All tenants are currently month-to-month, providing immediate flexibility for re-tenanting, repositioning, or owner occupancy. The building includes a desirable bow-truss section with soaring ceiling heights, multiple entry points, and rear alley access — features that make it ideal for creative office, showroom, retail, or production use.
With current income supporting a 5.70% cap rate and the potential to reach 8.72% pro forma by leasing vacancies at market ($1.62/SF MG) and passing through CAM charges, the property offers both in-place stability and significant upside. Its LAC2 zoning allows for a wide variety of commercial and limited industrial uses, including adaptive reuse concepts such as live/work or creative office. Strategically located along a high-traffic stretch of Jefferson Boulevard, the property offers excellent visibility and signage opportunities, with strong pedestrian counts and proximity to both the Expo Line and Crenshaw Line extension. The site’s hard-corner positioning and alley access further enhance convenience and functionality.
The surrounding West Adams / Crenshaw Corridor has become one of LA’s most desirable destinations for new residential and commercial investment, with nearby projects such as the Cumulus District at La Cienega/Jefferson (1,200+ units anchored by Whole Foods), the Lendlease mixed-use project (460,000+ SF planned), and multiple infill multifamily developments. These trends continue to attract new residents, creative businesses, and retail tenants — directly increasing demand for well-located, flexible commercial assets like 3612–3620 W Jefferson Blvd. This property combines architectural character, transit accessibility, and strong financial upside, making it equally compelling for investors, owner-users, and long-term holders seeking exposure in one of Los Angeles’ fastest-growing submarkets.