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Bar and Grill with Entertainment Licenses
New
For Sale
$195,000

1400 Western Avenue, Los Angeles, CA 90006

Operating bar and grill with separate kitchen storefront and transferable beverage and entertainment licensing.

Property SizeContact for details
Days on Market7

Property Features for 1400 Western Avenue

General Information

Standard status Active
Property subtype Business Opportunities

Financials

Asking Price $135,000
Business Included Yes

Additional Details

Liquor License Yes

Amenities

3
Listing Agency: CENTURY 21 ALLSTARS
Listed By: JAVIER GONZALEZ JR
Source: Xome
Added: Aug 16 Changed: Aug 22 Last Checked: Aug 22 at 4:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 ALLSTARS

Investment Insights

Based on property information with market context.

This bar and grill at 1400 Western Avenue includes a kitchen with its own storefront, creating the option to sublease that component separately. The business carries a Type 47 liquor license, along with live entertainment and dance licenses. A Type 40 beer license may be used instead of the liquor license.

The existing lease has 2 1/2 years remaining and includes a 5-year option. The property is located in Los Angeles, California, at 1400 Western Avenue.

Key Highlights

  • Type 47 liquor license in place
  • Type 40 beer license option available
  • Live entertainment and dance licenses included

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Buffet Supermarket Carpet & Flooring Store

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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

3,430
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating bar and grill with separate kitchen storefront and transferable beverage and entertainment licensing.
Where is this bar & pub located?
The property is located at 1400 Western Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Type 47 liquor license in place; Type 40 beer license option available; Live entertainment and dance licenses included
More about this property
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