For Sale
$6,500,000

14 Washington BlvdMarina del Rey, CA 90292

Oceanfront Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
Prime Marina del Rey restaurant for sale, asking $6,500,000. This 2,800 square foot Class A establishment, built in 1996 and renovated in 2008, sits on a 3,780 square foot lot ($1,587/SF land value). The property boasts a 100% occupancy rate across its two units and includes a valuable unrestricted Type 47 liquor license, permitting service until 2:00 AM. Features include two elegant bars, an outdoor patio, and al fresco dining with stunning ocean views. Located at 14 Washington Blvd, Marina del Rey, CA 90292, this exceptional property benefits from high foot and bike traffic, reflected in its 88 Walk Score and 85 Bike Score. This turnkey opportunity includes all furniture, fixtures, and equipment (FF&E), making it an ideal owner-user investment. The property has never been on the market in its current configuration, having undergone a complete transformation from a smaller pizza shop 25 years ago. Zoned LAC4, this is a rare chance to acquire beachfront real estate in a high-demand area with exceptionally low turnover. The sale includes both the real estate ($6,000,000) and business assets including FF&E and liquor license ($500,000). This unique offering presents a compelling investment prospect in a thriving coastal location. The property is located in Los Angeles County.

Highlights

  • Rare oceanfront Marina del Rey restaurant opportunity, steps from Venice Beach.
  • Includes an unrestricted Type 47 liquor license, allowing service until 2 AM.
  • High-demand, low-turnover trophy property.
  • Features two bars, an outdoor patio, and al fresco dining with ocean views.
  • Turnkey investment: includes real estate, FF&E, and liquor license; never before on the market in its current configuration.
  • 2,800 SF restaurant on a 3,780 SF lot, $6,500,000 asking price.

Property Details for 14 Washington Blvd

Property type
Retail properties, Restaurants
Square Feet
2,800 SF
Class
A
Year Built/Renovated
1996/2008
Buildings
1
Stories
1
Units
2

Location Insight

City
Marina del Rey
County
Los Angeles
State
California
Latitude
33.979361844426
Longitude
-118.46636772528
14 Washington Blvd, Marina del Rey, California

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14 Washington Blvd
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