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    FOR SALE
    Turn key restaurants

    14 Washington Blvd, Marina del Rey, CA 90292

    1,961 SF 0.09 ac lot Built 1964
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US09-9617824
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1964
    Construction WOOD
    Total area 1,961 SF
    Lot 0.09 ac (3,780 SF)
    Zoning code LAC4
    APN 4225-001-009
    UPID US09-9617824
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mercedes Cuban Grill INC · 10 yrs held
    Mercedes Cuban Grill INC
    since 2016
    6 recorded transactions
    2016
    2016
    2007
    $2.7M
    1989
    $1.1M
    1969
    1969
    Zoning & alternative use
    LAC4 · Marina Del Rey, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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