3860 S Centinela Ave — Sale in Los Angeles, CA
- Price: $5
- Listing type: For sale
- Asset type: Retail Business
- Location: Los Angeles, CA 90066
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Description
Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 3860 S Centinela Ave (the “Property” or the “Offering”), located in the Westside Mar Vista neighborhood of Los Angeles. Situated on 0.83 acres, the Property features a 25,400 squarefoot retail building with a 5,400 square-foot mezzanine and a connected loading dock, offering flexibility for a wide range of retail uses. The Property is enhanced by 42 on-site parkings spaces, a meaningful advantage for retailers in a parkingconstrained market. Currently leased to Centinela Pet & Feed, with a lease expiration on December 31, 2026, the asset offers a compelling mix of in-place cash flow, and the future flexibility to reposition and implement a value-add business plan. Additionally, an ability to terminate the lease with two months notice provides further flexibility for investors pursing an expedited business plan or owner-users seeking near-term occupancy. With 290,266 residents and $4.9 billion in annual consumer spending within a three-mile radius, the property is surrounded by a dense and affluent population. The Offering represents a unique opportunity to acquire a highly visible, well-located asset in one of Los Angeles’ most dynamic neighborhoods. With its high visibility, strong demographic tailwinds, and value-add potential, 3860 S Centinela Ave is optimally positioned to capture robust tenant and investor demand and create lasting value for an investor.
Market Context
This retail in Los Angeles, CA is listed for sale at $5. Compare it against other retail listings for sale in Los Angeles, CA — view the full market.
As of Q2 2026, the Greater Los Angeles retail market showed a 5.6% vacancy rate, and average asking rents near $34.14/SF/yr. Source: multiple brokerage reports, Q2 2026.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Greater Los Angeles retail market tightening or softening?
- Vacancy is around 5.6% (Q2 2026).
Estimated Price per SF
$237.99/SF – $1,731/SF
Mid: $721.17/SF
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Tess Berghoff · 6025010738 · tess.berghoff@jll.com
- Ryan Sobel · 8188577848 · ryan.sobel@jll.com
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