451 Silver Lake Blvd - Restaurant FOR SALE


Los Angeles, CA 90026- Silver Lake
$3,500,000 USD
323-302-8282
451 Silver Lake Blvd, Los Angeles, CA for Sale
$3,500,000 USD
Restaurant - FOR SALE
1/8
null | 6.86% Cap Rate

451 Silver Lake Blvd
Los Angeles, CA 90026
Silver Lake


HIGHLIGHTS

  • Rare Restaurant Investment Opportunity on Silver Lake Blvd
  • Absolute Triple Net (NNN) Lease | Zero Landlord Responsibilities | Fee Simple (Land & Building) Ownership
  • 6.86% Cap Rate on Current Income
  • Additional 10,000+ SF Parking Lot Included With 24 Spaces | Zoned LA-R2
  • Excellent Access & Visibility | Strong Traffic Counts | Between Sunset Blvd & 101 Freeway
  • Stabilized Income | Long-Term Lease Through 2031

OVERVIEW

Compass is pleased to present the opportunity to acquire 451 Silver Lake Blvd, an exceptional investment opportunity in one of Los Angeles’ most sought-after neighborhoods. Located in Silver Lake, this fully-leased property features a 3,698 SF restaurant building on a 6,329 SF lot, complemented by a rare adjacent 10,188 SF parking lot on Robinson St with 24 spaces. The property is occupied by Kalaveras, an established restaurant brand boasting 26 locations, equipped with a Type 47 Liquor License and operating under an absolute triple net (NNN) lease with zero landlord responsibilities, expiring 2031. Positioned on Silver Lake Blvd, between the popular Downtown LA and Hollywood commercial corridors, the property benefits from excellent connectivity. It is easily accessible via major arterial roads such as Sunset Blvd and the 101 Freeway, as well as public transit options. Parking is notoriously scarce in Silver Lake, making the property’s adjacent 24-space parking lot a highly valuable asset that ensures convenience for both the tenant and its patrons. The existing restaurant and adjacent parking lot are ideally positioned for investors seeking a secure and appreciating asset in one of Los Angeles’ most dynamic and desirable submarkets. The seller is motivated, presenting an excellent opportunity to acquire a high-performing property in a coveted area. __________________________________ *Tenant-Occupied: Please Do Not Disturb. *Buyer to verify any and all accuracy of information.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$946 USD /SF

CAP RATE

6.86%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

STNL Absolute NNN Restaurant with Parking Lot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,517 SF

ZONING

LA-CR / LA-R2

APN/PARCEL ID

5401-012-001,5401-012-008

ASK ABOUT THIS PROPERTY

Oliver GhadoushiCompass CommercialMore Info
323-302-8282

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Oliver GhadoushiCompass CommercialMore Info
323-302-8282

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