Mixed-Use Grocery Store
For Sale
$1,100,000
801 N Marianna, Los Angeles, CA 90063
A mixed-use building with an operating grocery store and two upstairs 1-bedroom units plus rear yard parking.
Property Size1,920 SF
Days on Market222
Property Features for 801 N Marianna
General Information
Standard status
Active
Size
1,920 SF
Total Parking Spaces
3
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Building Size
1,920 SF
Year Built
1924
Listing Agency:
REALTY MASTERS & ASSOCIATES
Listed By:
Zoram Luna · License #01743140
(909) 725-3339
Source:
Archetyperealty
Added: Mar 13
Changed: Oct 17
Last Checked: Oct 19 at 4:33PM
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 REALTY MASTERS & ASSOCIATES
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Investment Insights
Based on property information with market context.
This mixed-use property combines a fully functional grocery store with residential living space above. The building features two upstairs units, each with one bedroom, one bathroom, and a kitchen with a dining area. The ground-floor space is operated as a grocery store by the owner, with the sale also including the store’s equipment and inventory.
The property includes a 3-car parking area in the back yard. Per the seller, the building and grocery business must close escrow concurrently, and the transaction will be structured as a 1031 Exchange at no cost to the buyers. The offering is located at 801 North Marianna Avenue, Los Angeles, CA 90063.
The property includes a 3-car parking area in the back yard. Per the seller, the building and grocery business must close escrow concurrently, and the transaction will be structured as a 1031 Exchange at no cost to the buyers. The offering is located at 801 North Marianna Avenue, Los Angeles, CA 90063.
Key Highlights
- Mixed‑use building (built 1924) with an operating grocery store plus 2 upstairs 1‑bedroom, 1‑bath units
- Upstairs layout includes 1‑bedroom/1‑bath units with a kitchen and dining area in each unit
- Owner‑operated grocery store has been operated for more than 20 years and is included with equipment and inventory
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,998
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,960
$1.0M
Cap Rate 7%
$742,829
$742.8K
Cap Rate 9%
$577,756
$577.8K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$71.0K $36.96/SF
− Vacancy
−$1.6K −$0.85/SF
EGI
$69.3K $36.11/SF
− OpEx
−$17.3K −$9.03/SF
NOI
$52.0K $27.08/SF
Area
Los Angeles, CA
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%
$1,039,960
Cap Rate 7%
$742,829
Cap Rate 9%
$577,756
Alternative Uses
Best Use
Multifamily LT 5
$38.90M
$34.04M – $45.38M
NOI $2,722,863 @ 7.0% cap · market cap 247.53%
Second Best
Apartment 5plus
$33.94M
$29.70M – $39.60M
NOI $2,376,104 @ 7.0% cap · market cap 216.01%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90063, CA
50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Similar Off Market Nearby
- Food Mart — 3541 E Cesar E Chavez Ave, Los Angeles, CA 90063
- La Blanquita — 4136 E Cesar E Chavez Ave, Los Angeles, CA 90063
- Plaza Market — 4121 City Terrace Dr, Los Angeles, CA 90063
- Mercado Hidalgo — 4101 City Terrace Dr, Los Angeles, CA 90063
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A mixed-use building with an operating grocery store and two upstairs 1-bedroom units plus rear yard parking.
Where is this grocery and convenience store located?
The property is located at 801 N Marianna 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: Mixed‑use building (built 1924) with an operating grocery store plus 2 upstairs 1‑bedroom, 1‑bath units; Upstairs layout includes 1‑bedroom/1‑bath units with a kitchen and dining area in each unit; Owner‑operated grocery store has been operated for more than 20 years and is included with equipment and inventory
