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Equipped Italian Restaurant
New
For Sale
$12,000,000

1858 N Vermont Avenue, Los Angeles, CA 90027

The offering includes a separate parcel containing a parking lot.

Property Size8,056 SF
Lot Size0.33 Acres
Price / SF$1,489
Days on Market3
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Property Features for 1858 N Vermont Avenue

General Information

Standard status Active
Size 8,056 SF
Lot size 0.33 Acres
Property subtype COMMERCIAL

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Building Size 8,056 SF
Year Built 1930
Buildings 1
Listing Agency: Bruce Jay Associates
Listed By: Bruce Jay · License #00559166
Source: Truthrealty
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 15 at 2:29AM

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 Bruce Jay Associates

Investment Insights

Based on property information with market context.

The offering comprises an 8,056-square-foot restaurant building identified as Palermo Italian Restaurant. The restaurant is fully equipped and was built in 1930.

The building parcel contains 7,461 square feet of land at 1858 N Vermont Avenue, Los Angeles, CA 90027. A separate 6,750-square-foot parcel contains the parking lot.

Key Highlights

  • Fully equipped Italian restaurant
  • 8,056‑square‑foot building, constructed in 1930
  • 7,461 square feet of land on the building parcel

Property Analytics

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Current Use

Palermo Italian Restaurant Restaurant

Suggested Use

Top Pick Law Firm Restaurant Veterinary Clinic Building Supply (Bike/Boat/Book/etc) Store Butcher

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

5,991
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering includes a separate parcel containing a parking lot.
Where is this conventional restaurant located?
The property is located at 1858 N Vermont Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Fully equipped Italian restaurant; 8,056‑square‑foot building, constructed in 1930; 7,461 square feet of land on the building parcel
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