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Property profile

131 Larchmont Blvd Los Angeles, CA 90004

OFF-MARKET
Retail properties & Spaces
11,863 SF
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Property summary

AI-generated overview

This exceptional opportunity presents a rare chance to acquire a fully operational, 1,599 sq ft Italian pizzeria and restaurant in the highly sought-after Larchmont Village. Located in Los Angeles County, this single-tenant space is part of a larger 11,863 sq ft building and boasts a coveted outdoor patio. The restaurant is a turnkey operation, fully equipped with fixtures, furniture, and equipment, offering immediate operational capabilities. Benefitting from a strong existing customer base and favorable lease terms, this established business enjoys high foot traffic and visibility in a prime retail corridor, surrounded by high-end retailers and restaurants. The property's location within the affluent Hancock Park community ensures a consistent flow of clientele. This is a unique chance to acquire a second-generation restaurant space, a rarity given the stringent development restrictions in Larchmont Village. The sale includes the option to purchase the business with its established name and reputation or as an asset sale, including fixtures, furniture, and equipment. Key money is required. The buyer is responsible for verifying all information and proposed uses with the city. Please do not disturb the occupants.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,863 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

131 Larchmont Blvd Los Angeles, CA 90004
Los Angeles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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