Corner Restaurant
3125 W Jefferson Boulevard Los Angeles, CA 90018
3125 W Jefferson Boulevard, Los Angeles, CA, 90018
Contact for pricing
For Sale
Contact for pricing
Single-story restaurant building on a hard corner lot with approximately 50 feet of frontage on Jefferson Boulevard.
Property Size5,042 SF
Price / SF$267.75
Days on Market31
Property Features for 3125 W Jefferson Boulevard
General Information
- Standard status
- Active
- Size
- 5,042 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1962
Listing agency
Marcus & Millichap - Los Angeles
(909) 456-3493
Listed by
Iman Mossanen · License #CA 01978006
Source
Crexi
Added: Jun 21 Updated: Jul 20 at 4:49PM Checked: Jul 20 at 4:49PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This single-story restaurant building includes approximately 5,042 square feet and was built in 1962. Located on a hard corner lot totaling approximately 6,515 square feet, the site provides about 50 feet of frontage along Jefferson Boulevard and approximately 130 feet of depth along Edgehill Drive. The property is delivered vacant, with no tenancy, relocation, or Ellis Act exposure. Most recently operated as a restaurant and cocktail lounge, the building comes with an active ABC Type 41 On-Sale Beer & Wine license available with the real estate and eligibility through the Restaurant Beverage Program.
The corner positioning supports multiple buyer paths, including an owner-user or restaurateur looking to restore food-and-beverage use. Investors can also re-tenant the existing corridor retail space. The property is eligible for transit-oriented development options through its TOC Tier 3 designation and Housing Element incentives.
The offering also includes the opportunity to purchase in conjunction with the adjacent parking parcel at 3050 Edgehill Drive, which supports assembly of approximately 114,521 square feet at the corner of Jefferson and Edgehill.
The corner positioning supports multiple buyer paths, including an owner-user or restaurateur looking to restore food-and-beverage use. Investors can also re-tenant the existing corridor retail space. The property is eligible for transit-oriented development options through its TOC Tier 3 designation and Housing Element incentives.
The offering also includes the opportunity to purchase in conjunction with the adjacent parking parcel at 3050 Edgehill Drive, which supports assembly of approximately 114,521 square feet at the corner of Jefferson and Edgehill.
Key Highlights
- ±5,042 SF single‑story restaurant building on a ±6,515 SF hard corner lot at Jefferson Blvd and Edgehill Dr
- ±50 feet frontage on Jefferson Boulevard and ±130 feet depth along Edgehill Drive
- Built in 1962 and delivered vacant with no tenancy, relocation, or Ellis Act exposure
Local Financial Insights For 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 | $186.4k | $36.96 |
| − Vacancy | −$19.2k | −$3.81 |
| EGI | $167.2k | $33.15 |
| − OpEx | −$50.1k | −$9.95 |
| NOI | $117.0k | $23.21 |
5,042 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.95M
$1.71M – $2.28M
NOI $136,550 @ 7.0% cap · market cap 10.11%
Second Best
Retail
$1.67M
$1.46M – $1.95M
NOI $117,011 @ 7.0% cap · market cap 8.67%
Theoretical Best
Multifamily LT 5
$102.15M
$89.38M – $119.17M
NOI $7,150,352 @ 7.0% cap · market cap 529.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
EWGE Chimney & Cleaning ...
General Contractor
Tim's Kitchen
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Single-story restaurant building on a hard corner lot with approximately 50 feet of frontage on Jefferson Boulevard.
Where is this conventional restaurant located?
The property is located at 3125 W Jefferson Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: ±5,042 SF single‑story restaurant building on a ±6,515 SF hard corner lot at Jefferson Blvd and Edgehill Dr; ±50 feet frontage on Jefferson Boulevard and ±130 feet depth along Edgehill Drive; Built in 1962 and delivered vacant with no tenancy, relocation, or Ellis Act exposure
