Nightclub with Gated
469 S Atlantic, Los Angeles, CA 90022
For Sale
$999,999
Commercial Sale, Los Angeles, CA
Property Size3,318 SF
Lot Size0.12 Acres
Price / SF$301.39
Days on Market8
Property Features for 469 S Atlantic
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Utilities
Cooling system
Building Details
Year built
Listing Agency:
Rodeo Realty
(818) 349-9997
Listed By:
Ralph Norton · License #01005061
(818) 422-7355
Added: Nov 1
Changed: Nov 4
Last Checked: Nov 8 at 9:06AM
MLS# SR26235103
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,318-square-foot nightclub includes central air and gated parking behind the building. The property was built in 1940. The site is identified as a 5,208 lot; no unit is stated for that figure.
Key Highlights
- 3,318 square feet of building area
- Gated parking at the rear
- Central air conditioning
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
Who owns this building?
See the owner, sales and loan history
Open 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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions
What type of property is this?
Night club - Central air serves this 3,318-square-foot venue.
Where is this night club 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 feet of building area; Gated parking at the rear; Central air conditioning
