Freestanding Restaurant Food Production
1949 E 1st ST Los Angeles, CA 90033
New
For Sale
$1,100,000
Freestanding restaurant space with bread production capabilities and included commercial baking and kitchen equipment.
Property Size2,010 SF
Price / SF$547.26
Days on Market5
Property Features for 1949 E 1st ST
General Information
Standard status
Active
Size
2,010 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1970
Listing Agency:
RE/MAX Dynasty
(562) 882-2596
Listed By:
Delicia Barba · License #01232542
(562) 882-2596
Source:
Exitrealty
Added: Jul 25
Changed: Jul 27
Last Checked: Jul 28 at 5:03AM
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 RE/MAX Dynasty
Investment Insights
Based on property information with market context.
This freestanding commercial property is currently configured as a restaurant with bread production capabilities. The sale includes the real property along with an extensive inventory of commercial baking and restaurant food production equipment, and the equipment inventory is available upon request. While the business is not open to the public, the existing improvements are offered with the potential to resume food production operations or be adapted for other commercial food production uses, subject to the buyer’s verification of zoning and governmental requirements.
The property is located in Boyle Heights and is positioned for convenient access to major freeway corridors including I-5, I-10, US-101, and SR-60. It is described as being just minutes from Downtown Los Angeles, the Arts District, USC Medical Center, and Union Station, supporting day-to-day accessibility for food production and distribution activities.
With its food-focused configuration and included commercial baking and kitchen equipment, the property is suited for a buyer seeking an established food production facility, including options such as bakery, wholesale food production, commissary kitchen, catering, specialty food manufacturing, or restaurant operations, subject to applicable requirements.
The property is located in Boyle Heights and is positioned for convenient access to major freeway corridors including I-5, I-10, US-101, and SR-60. It is described as being just minutes from Downtown Los Angeles, the Arts District, USC Medical Center, and Union Station, supporting day-to-day accessibility for food production and distribution activities.
With its food-focused configuration and included commercial baking and kitchen equipment, the property is suited for a buyer seeking an established food production facility, including options such as bakery, wholesale food production, commissary kitchen, catering, specialty food manufacturing, or restaurant operations, subject to applicable requirements.
Key Highlights
- Freestanding commercial property with bread production capabilities, configured for restaurant and bread production
- Approximately 2,010 sq ft of restaurant/food production space
- Includes substantial inventory of commercial baking and kitchen equipment (inventory available upon request)
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.3k | $36.96 |
| − Vacancy | −$1.7k | −$0.85 |
| EGI | $72.6k | $36.11 |
| − OpEx | −$18.1k | −$9.03 |
| NOI | $54.4k | $27.08 |
2,010 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$777.7K
$680.5K – $907.3K
NOI $54,436 @ 7.0% cap · market cap 4.95%
Second Best
Industrial
$356.7K
$312.1K – $416.2K
NOI $24,969 @ 7.0% cap · market cap 2.27%
Theoretical Best
Multifamily LT 5
$40.72M
$35.63M – $47.51M
NOI $2,850,498 @ 7.0% cap · market cap 259.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Freestanding restaurant space with bread production capabilities and included commercial baking and kitchen equipment.
Where is this commercial kitchen located?
The property is located at 1949 E 1st ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Freestanding commercial property with bread production capabilities, configured for restaurant and bread production; Approximately 2,010 sq ft of restaurant/food production space; Includes substantial inventory of commercial baking and kitchen equipment (inventory available upon request)
