3105 Washington BlvdMarina del Rey, CA 90292

  • Retail properties
  • 1,789 SF
For Lease
$6.75/SF/YR View listing

Property Details for 3105 Washington Blvd

Year built
1966
Construction
WOOD
Lot size
0.06 AC
Property size (Sq ft)
1,789 SF
Zone code
LAC2
Property type
Retail properties
Property subtype
Turn key restaurants
APN
4229-006-038
APU
4229006038

Description

This exceptional 1,789-square-foot restaurant space is available for lease in the vibrant Marina del Rey, California. Located at 3105 W Washington Blvd, in Los Angeles County, zip code 90292, this single-tenant property presents a unique opportunity for a discerning restaurateur. The entire building, totaling 1,789 square feet, is currently vacant and ready for immediate occupancy. The property's prime location within Marina del Rey offers high visibility and accessibility, making it an ideal spot to establish or expand a successful culinary venture. The property is classified as retail, specifically a restaurant, and is situated in a thriving commercial area. This presents a blank canvas for a creative and ambitious restaurant concept. The property's size allows for a flexible layout, catering to various restaurant styles and seating capacities. With its convenient location and ample space, this property is poised to become a culinary destination. Serious inquiries are encouraged to explore the potential of this exceptional restaurant opportunity in the desirable Marina del Rey market. The property is situated at 33.9893347 latitude and -118.4494178 longitude. This is a single-tenant property, offering complete control and customization for the lessee.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $607,569
    6.5%
    $560,833
    7%
    $520,773
  • Comparable approach

    Method
    Valuation
    Relative Method
    $857,294
    Geo Method
    $857,294
  • Alternative Use

    Use
    Valuation
    Residential
    $473,084
    Hospitality
    $433,342
    Educational
    $360,535
    Medical
    $372,935
    Retail
    $560,833
3105 Washington Blvd, Marina del Rey, California

Location Insight

City
Marina Del Rey
County
Los Angeles
State
California
Latitude
33.9893
Longitude
-118.449
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,565
$199,585
$71,837
$271,422
-
-
-
-

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