3105 Washington BlvdMarina del Rey, CA 90292

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

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.

• 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

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

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