For Sale
$3,795,000

11938 Pico BlvdLos Angeles, CA 90064

Prime location, fully equipped, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional turnkey restaurant opportunity is located at 11938 W Pico Blvd, Los Angeles, CA 90064. The 3,522 square foot building sits on a 4,395 square foot lot and is zoned LAC2. Built in 1940, it underwent renovations in 2018 and 2021. The single-story building offers 100% occupancy until October 31, 2024. The sale includes the real estate and all restaurant equipment, representing a complete turnkey operation. A significant advantage is the inclusion of a Type 47 unrestricted liquor license, enabling a full range of beverage service options. This property enjoys a highly desirable location, benefiting from over 25,000 cars passing daily on Pico Boulevard, providing exceptional visibility and accessibility. Its proximity to the 10 and 405 freeways, along with its walkability (Walk Score of 88) and proximity to the Expo/Bundy Metro Line, ensures convenient access for customers from various locations, including Santa Monica and Downtown LA. The surrounding area boasts strong demographics, with over 300,000 people residing within a 3-mile radius and an average household income exceeding $130,000 annually. This centrally located property, situated between Santa Monica, Culver City, Westwood, and Beverly Hills, presents a rare and unparalleled opportunity for a new or expanding restaurant business. The asking price is $3,795,000.

Highlights

  • Walk Score of 88.
  • Centrally located between Santa Monica, Culver City, Westwood, and Beverly Hills.
  • Turnkey restaurant with Type 47 unrestricted liquor license.
  • Over 25,000 cars per day on Pico Blvd.
  • Walking distance to Expo/Bundy Metro Line.
  • Excellent freeway access (near 10 and 405 freeways).

Property Details for 11938 Pico Blvd

Property type
Retail properties, Restaurants
Square Feet
3,522 SF
Year Built/Renovated
1940/2018
Buildings
1
Stories
1
Units
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0296159
Longitude
-118.449063
11938 Pico Blvd, Los Angeles, California

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11938 Pico Blvd
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