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Mixed-Use Property with Restaurant
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1822 North Broadway, Los Angeles, CA 90031

Vacant two-story asset with a restaurant/café buildout and permitted loft apartment.

Property Size2,290 SF
Price / SF$783.84
Days on Market51

Property Features for 1822 North Broadway

General Information

Standard status Active
Size 2,290 SF
Property subtype Mixed Use

Restaurant

Patio Yes
Liquor License Yes

Additional Details

Highway Access Yes

Building Details

Buildings 1
Stories 2
Listing Agency: Urbanlime Real Estate
Listed By: Lorena Tomb · License #CA
Source: Crexi
Added: Aug 31 Changed: Oct 17 Last Checked: Oct 19 at 6:45AM

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 Urbanlime Real Estate

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Investment Insights

Based on property information with market context.

This fee-simple mixed-use property contains 2,290 square feet across two stories and is delivered vacant. The ground level is configured as a restaurant/café with a Type 41 beer and wine license and an outdoor patio. Above, a permitted one-bedroom, one-bath loft-style apartment provides a distinct residential component within the building.

The property fronts North Broadway in Los Angeles, along a high-traffic commercial corridor with access to major freeways. Chinatown, DTLA’s Arts District, and other surrounding commercial areas are located just minutes away. The existing restaurant and residential layouts support owner-user, live/work, or investor-oriented positioning, subject to applicable requirements.

Key Highlights

  • 2,290‑square‑foot mixed‑use property across two stories
  • Vacant delivery supports flexible occupancy planning
  • Ground‑floor restaurant/café buildout with Type 41 beer and wine license

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,019
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,380 $1.2M
Cap Rate 7%
$885,986 $886.0K
Cap Rate 9%
$689,100 $689.1K
Market Conditions
NOI Build-Up for 2,290 SF
Gross rent
$84.6K $36.96/SF
− Vacancy
−$1.9K −$0.85/SF
EGI
$82.7K $36.11/SF
− OpEx
−$20.7K −$9.03/SF
NOI
$62.0K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,380
Cap Rate 7%
$885,986
Cap Rate 9%
$689,100

Alternative Uses

Best Use
Specialty Retail
$886.0K
$775.2K – $1.03M (±1% cap)
NOI $62,019 @ 7.0% cap · market cap 3.46%
Second Best
Office B
$776.5K
$679.5K – $905.9K (±1% cap)
NOI $54,356 @ 7.0% cap · market cap 3.03%
Theoretical Best
Multifamily LT 5
$46.39M
$40.59M – $54.13M (±1% cap)
NOI $3,247,582 @ 7.0% cap · market cap 180.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Arroz & Fun Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Computer & Electronic Repair Skin Care Clinic Tech Support Center

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

Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,711
Businesses Nearby

Demographics for 90031, CA

37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant two-story asset with a restaurant/café buildout and permitted loft apartment.
Where is this mixed-use property located?
The property is located at 1822 North Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 2,290‑square‑foot mixed‑use property across two stories; Vacant delivery supports flexible occupancy planning; Ground‑floor restaurant/café buildout with Type 41 beer and wine license
More about this property
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