Retail Space with Al Fresco
2816 S ROBERTSON BLVD, Los Angeles, CA 90069
For Sale
New
Contact for pricing
The property includes 800-amp, three-phase electrical service and two APNs.
Property Size3,900 SF
Price / SF$756.41
Days on Market6
Property Features for 2816 S ROBERTSON BLVD
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Amenities
800 Amps 3-phase power
Listing Agency:
DIVA Real Estate Group
Listed By:
David Kamran · License #CA
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 5:44PM
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 DIVA Real Estate Group
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Investment Insights
Based on property information with market context.
This retail property encompasses two APNs and a building of approximately 3,900 square feet. Electrical service is rated at 800 amps with three-phase power. The site is zoned LA-C4 and qualifies under the Al-Fresco ordinance for sidewalk restaurant seating.
Key Highlights
- Approximately 3,900‑square‑foot building
- Two APNs
- 800‑amp, three‑phase electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,508
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,810,160
$1.8M
Cap Rate 7%
$1,292,971
$1.3M
Cap Rate 9%
$1,005,644
$1.0M
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$144.1K $36.96/SF
− Vacancy
−$14.8K −$3.81/SF
EGI
$129.3K $33.15/SF
− OpEx
−$38.8K −$9.95/SF
NOI
$90.5K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,810,160
Cap Rate 7%
$1,292,971
Cap Rate 9%
$1,005,644
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,508 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,981 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
2,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 90069, CA
20,584
Population
15,160
Households
1.4
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
9,356
Density / Sq Mi
$110,705
Median Household Income
$80,535
Median Earnings
$2,230
Median Rent
$1,085,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Los Angeles, CA
Properties on Market for Retail space in Los Angeles
Vacancy Rate% for Retail in Los Angeles, CA
Frequently Asked Questions
What type of property is this?
Retail space - The property includes 800-amp, three-phase electrical service and two APNs.
Where is this retail space located?
The property is located at 2816 S ROBERTSON BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Approximately 3,900‑square‑foot building; Two APNs; 800‑amp, three‑phase electrical service
