7980 Sunset BlvdHollywood, CA 90046

Property Details for 7980 Sunset Blvd

Year built

1986

Construction

TILT-UP CONCRETE

Lot size

0.38 AC

Property size (Sq ft)

8,127 SF

Zone code

LAC4

Property type

Retail properties

Property subtype

Retail space

APN

5554-003-012

APU

5554003012

Description

This thriving Mexican taco restaurant presents a unique investment opportunity in the heart of Hollywood, California. Located at the highly visible corner of Sunset Boulevard and North Laurel Avenue, directly across from the Laugh Factory, this business enjoys exceptional foot and vehicle traffic. Established for over five years, the restaurant boasts a loyal customer base drawn to its delicious tacos, beer, and wine offerings. Convenient on-site parking further enhances its appeal. The property's prime location offers significant potential for growth, catering to local communities, nearby studios, and the vibrant after-hours scene. The current operation, known as Tacos Way, provides a proven business model and immediate revenue stream. This turnkey opportunity allows for continued operation under the existing name or the implementation of new concepts to further capitalize on the high-traffic location and established clientele. The business is offered at $149,900. While the exact square footage is not specified, the corner location and established success make this a compelling investment in a dynamic and high-demand area. The opportunity to own a well-regarded restaurant in such a prominent Hollywood location is rare and should not be missed. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $3,461,432

  6.5%

  $3,195,168

  7%

  $2,966,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,894,484

  Geo Method

  $3,894,484

• Alternative Use

  Use

  Valuation

  Residential

  $2,695,244

  Hospitality

  $2,468,829

  Educational

  $2,054,037

  Medical

  $2,124,678

  Retail

  $3,195,168

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0976

Longitude

-118.364

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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