Bar with Gated Rear
New
For Sale
$999,999
469 S Atlantic, Los Angeles, CA 90022
The existing bar layout offers a venue for events such as weddings and small concerts.
Property Size3,318 SF
Lot Size0.12 Acres
Price / SF$301.39
Days on Market4
Property Features for 469 S Atlantic
General Information
Standard status
Active
Size
3,318 SF
Lot size
0.12 Acres
Property subtype
Special Purpose
Site & Location
Neighborhood
Boyle Heights
Amenities
Gated parking
Building Details
Building Size
3,318 SF
Year Built
1940
Listing Agency:
Rodeo Realty
Listed By:
Ralph Norton · License #01005061
(818) 422-7355
Source:
Archetyperealty
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 3 at 6:46AM
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 Rodeo Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This bar property contains 3,318 square feet and dates to 1940. Gated parking is located behind the building. The property has also been identified for potential event uses, including weddings and small concerts.
Key Highlights
- 3,318‑square‑foot bar building constructed in 1940
- Gated parking at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,860
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,797,200
$1.8M
Cap Rate 7%
$1,283,714
$1.3M
Cap Rate 9%
$998,444
$998.4K
Market Conditions
NOI Build-Up for 3,318 SF
Gross rent
$122.6K $36.96/SF
− Vacancy
−$2.8K −$0.85/SF
EGI
$119.8K $36.11/SF
− OpEx
−$30.0K −$9.03/SF
NOI
$89.9K $27.08/SF
Area
ZIP 90022
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%
$1,797,200
Cap Rate 7%
$1,283,714
Cap Rate 9%
$998,444
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,860 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,631 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Bar & Pub - The existing bar layout offers a venue for events such as weddings and small concerts.
Where is this bar & pub located?
The property is located at 469 S Atlantic Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 3,318‑square‑foot bar building constructed in 1940; Gated parking at the rear
