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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

131 Larchmont Blvd Los Angeles, CA 90004

11,863 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Village Pizzeria Larchmont Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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