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8016-8018 W 3rd St
Los Angeles, CA 90048

$3,500,000 USD

Restaurant For Sale  •  2,925 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,925 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1946
  • Tenancy Multiple
  • Zoning LAC2
64 Transit Score
95 Walk Score

Highlights

Restaurant | Medical | Retail User Potential: Excellent Opportunity for SBA 504 Financing to Purchase for Owner-Users
Two Retail Spaces, Including a Fully Built 1,920 SF Vacant Restaurant Space and a Currently Occupied 1,000 SF Retail Space.
Extensive Updates to Building: Significant Remodel to Building in 2018 Such as: New Roofing, New HVAC, New ADA bathrooms, New Electrical and more.
Prime Beverly Grove Location: Strategically Positioned Retail Building in One of Los Angeles' Prime Retail Corridors. Walking Score of 95.
Additional Income: Rare Income-Producing Billboard Sign on the Roof, Adding to the Property’s Revenue Stream.
Outdoor Patio Seating: The 1,920 SF Vacant Former Restaurant Space has Extensive Existing Restaurant Fixtures and Features

Property Flyers

Financial Summary

Total Expenses: $0 USD

Amenities

  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 27 min - 9.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 23 min - 9.9 mi
AirportDriveWalkDistance
Bob Hope 29 min - 11.9 mi
Los Angeles International 27 min - 18.2 mi
Long Beach-Daugherty Field 39 min - 32.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Ara Rostamian 818-823-0832 Marcus & Millichap
Ara Rostamian 818-823-0832 Marcus & Millichap