Mixed-Use Grocery Store
801 North Marianna Avenue Los Angeles, CA 90063
For Sale
$1,150,000
A mixed-use building with an operating grocery store and two upstairs 1-bedroom units plus rear yard parking.
Property Size1,920 SF
Price / SF$598.96
Days on Market241
Property Features for 801 North Marianna Avenue
General Information
- Standard status
- Active
- Size
- 1,920 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1924
Listing Agency:
New Century Homes
(626) 918-7707
Listed By:
Ramon Diaz · License #01119937
(626) 918-7707
Source:
Compass
Added: Nov 24, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:33AM
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 New Century Homes
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 For Specialty 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 | $71.0k | $36.96 |
| − Vacancy | −$1.6k | −$0.85 |
| EGI | $69.3k | $36.11 |
| − OpEx | −$17.3k | −$9.03 |
| NOI | $52.0k | $27.08 |
1,920 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Multifamily LT 5
$38.90M
$34.04M – $45.38M
NOI $2,722,863 @ 7.0% cap · market cap 236.77%
Second Best
Apartment 5plus
$33.94M
$29.70M – $39.60M
NOI $2,376,104 @ 7.0% cap · market cap 206.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Diane's Market
Grocery & Convenience Store
Similar Off Market Nearby
- La Blanquita — 4136 E Cesar E Chavez Ave, Los Angeles, CA 90063
- Plaza Market — 4121 City Terrace Dr, Los Angeles, CA 90063
- Food Mart — 3541 E Cesar E Chavez Ave, Los Angeles, CA 90063
- Mercado Hidalgo — 4101 City Terrace Dr, Los Angeles, CA 90063
FAQs
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 North Marianna Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
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
