131 Larchmont Blvd Los Angeles, CA 90004
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.
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Village Pizzeria Larchmont Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.