Listing Agency: JohnHart Real Estate e***@jhagents.com Show Phone

Listed By: Edit Andriassian · License #02242063 Show Phone

Source: Exitrealty

Added: Mar 4 Changed: Aug 23 Last Checked: Aug 22 at 11:55AM

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Investment Insights

Based on property information with market context.

This is a turnkey opportunity to acquire an established smoke shop retail business. The store is described as having an efficient, customer-friendly layout designed to support product display and ease of operation, with a wide selection of tobacco products, smoking accessories, and related merchandise.

The business is located at 12816 Victory Boulevard in Valley Glen and is positioned for strong street visibility with steady foot and vehicle traffic. It sits in an area surrounded by residential communities and neighborhood retail.

For buyers seeking a ready-to-operate retail business, this offering is presented as a step into an established local presence with consistent demand, including both the store operations and the retail merchandising mix as described in the listing remarks.

Key Highlights

• Established Famous Smoke Shop retail business at 12816 Victory Boulevard
• Located on Victory Boulevard with strong street visibility and steady foot and vehicle traffic
• Store offers tobacco products, smoking accessories, and related merchandise

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Veterinary Clinic Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

1,259

Businesses Nearby

202k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 42% Leisure 22% Groceries 20% Shops & Services 15%

Cinemark North Hollywood Leisure

44,156 visits/mo 0.1 miles

Vallarta Supermarket Groceries

40,967 visits/mo 0.3 miles

McDonald's Dining

28,509 visits/mo 0.1 miles

Burger King Dining

19,634 visits/mo 0.1 miles

Starbucks Dining

16,517 visits/mo 0.1 miles

Demographics for 91606, CA

43,955

Population

16,563

Households

2.7

Avg Household Size

38

Median Age

27%

College-Educated

78%

High-School Grad

3.3 sq mi

ZIP Area

13,320

Density / Sq Mi

$66,884

Median Household Income

$36,497

Median Earnings

$1,744

Median Rent

$801,300

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Turnkey smoke shop retail business with customer-friendly layout and strong street visibility on Victory Boulevard.

Where is this storefront property located?

The property is located at 12816 Victory Boulevard Valley Glen, CA.

What is the asking price?

The asking price for this property is $50,000.

What are key features of this property?

This property features: Established Famous Smoke Shop retail business at 12816 Victory Boulevard; Located on Victory Boulevard with strong street visibility and steady foot and vehicle traffic; Store offers tobacco products, smoking accessories, and related merchandise