11938 W Pico Blvd - Restaurant FOR SALE


Los Angeles, CA 90064
$3,255,000 USD
310-710-5626
11938 W Pico Blvd, Los Angeles, CA for Sale
$3,255,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

11938 W Pico Blvd
Los Angeles, CA 90064


HIGHLIGHTS

  • VERY WALKABLE WITH A WALKING SCORE OF 88!!!
  • EXCELLENT OPPORTUNITY TO PURCHASE A FULLY EQUIPPED 2nd GEN TURNKEY RESTAURANT WITH A FULL TYPE 47 UNRESTRICTED LIQUOR LICENSE!!!
  • OUTSTANDING CAR TRAFFIC COUNTS; OVER 25,000 CARS PER DAY ALONG PICO BLVD.
  • WALKING DISTANCE TO THE EXPO/BUNDY METRO LINE, CONNECTING SANTA MONICA TO DOWNTOWN LA.
  • JUST NORTH OF THE 10 FREEWAY & JUST WEST OF THE 405 FREEWAY.
  • STRONG DEMOGRAPHICS; OVER 300,000 PEOPLE RESIDE WITHIN A 3- MILE RADIUS WITH A HH INCOME OF OVER. $130,000 PER YEAR.

OVERVIEW

KW Commercial is pleased to present this 2nd Gen Restaurant building located at 11940 W. Pico Blvd. in West Los Angeles. The sale for both the real estate and all restaurant equipment to be concurrent, making it a complete turnkey opportunity. The property boasts a Type 47 unrestricted liquor license, allowing for a full range of beverage services. Ideally situated just north of the 10 Freeway and west of the 405 Freeway, this location offers excellent accessibility and exposure. With over 25,000 cars passing daily on Pico Blvd., the property benefits from substantial drive-by traffic. It’s also within walking distance of the Expo/Bundy Metro Line, providing easy transit connections from Santa Monica to Downtown LA. This highly walkable property has a Walk Score of 88 and is centrally located between Santa Monica, Culver City, Westwood, and Beverly Hills. The surrounding area includes strong demographics; with over 300,000 people residing within a 3-mile radius and an average household income exceeding $130,000 per year. This restaurant space is a rare find, offering an unparalleled opportunity for a new or expanding business. REAL ESTATE and FF&E to be PURCHASED CONCURRENTLY

FOR SALE DETAILS

PRICE

$3,255,000 USD

PRICE/SF

$924 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2ND GEN RESTAURANT ASSET & REAL ESTATE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,395 SF

ZONING

LAC2

APN/PARCEL ID

4259-039-012

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.