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    14 Washington Blvd Marina del Rey, CA 90292

    Sponsored
    For Sale
    $6,500,000

    Oceanfront Restaurant, Turnkey Opportunity

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Prime Marina del Rey restaurant for sale, asking $6,500,000. This 2,800 square foot Class A establishment, built in 1996 and renovated in 2008, sits on a 3,780 square foot lot ($1,587/SF land value). The property boasts a 100% occupancy rate across its two units and includes a valuable unrestricted Type 47 liquor license, permitting service until 2:00 AM. Features include two elegant bars, an outdoor patio, and al fresco dining with stunning ocean views. Located at 14 Washington Blvd, Marina del Rey, CA 90292, this exceptional property benefits from high foot and bike traffic, reflected in its 88 Walk Score and 85 Bike Score. This turnkey opportunity includes all furniture, fixtures, and equipment (FF&E), making it an ideal owner-user investment. The property has never been on the market in its current configuration, having undergone a complete transformation from a smaller pizza shop 25 years ago. Zoned LAC4, this is a rare chance to acquire beachfront real estate in a high-demand area with exceptionally low turnover. The sale includes both the real estate ($6,000,000) and business assets including FF&E and liquor license ($500,000). This unique offering presents a compelling investment prospect in a thriving coastal location. The property is located in Los Angeles County.

    Property Features for 14 Washington Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    2,800 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1996/2008
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Rare oceanfront Marina del Rey restaurant opportunity, steps from Venice Beach.
    • Includes an unrestricted Type 47 liquor license, allowing service until 2 AM.
    • High‑demand, low‑turnover trophy property.
    • Features two bars, an outdoor patio, and al fresco dining with ocean views.
    • Turnkey investment: includes real estate, FF&E, and liquor license; never before on the market in its current configuration.
    • 2,800 SF restaurant on a 3,780 SF lot, $6,500,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marina del Rey
    County
    Los Angeles
    State
    California
    Longitude
    -118.46636772528
    Latitude
    33.979361844426

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    FAQs

    What type of property is this?
    Restaurant - Oceanfront Restaurant, Turnkey Opportunity
    Where is this restaurant located?
    The property is located at 14 Washington Blvd Marina del Rey, CA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: Rare oceanfront Marina del Rey restaurant opportunity, steps from Venice Beach.; Includes an unrestricted Type 47 liquor license, allowing service until 2 AM.; High-demand, low-turnover trophy property.
    Request Owner's contact information
    14 Washington Blvd Marina del Rey, CA 90292
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    Marina del Rey, CA 90292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 Washington Blvd Marina del Rey, CA 90292
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