Property profile

3105 Washington Blvd Marina Del Rey, CA 90292

OFF-MARKET
Turn key restaurants
Property ID
US09-8800745
1,789 SF 0.06 ac lot Built 1966
Entity Owned 29-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,789-square-foot restaurant space is available for lease in the vibrant Marina del Rey, California. Located at 3105 W Washington Blvd, in Los Angeles County, zip code 90292, this single-tenant property presents a unique opportunity for a discerning restaurateur. The entire building, totaling 1,789 square feet, is currently vacant and ready for immediate occupancy. The property's prime location within Marina del Rey offers high visibility and accessibility, making it an ideal spot to establish or expand a successful culinary venture. The property is classified as retail, specifically a restaurant, and is situated in a thriving commercial area. This presents a blank canvas for a creative and ambitious restaurant concept. The property's size allows for a flexible layout, catering to various restaurant styles and seating capacities. With its convenient location and ample space, this property is poised to become a culinary destination. Serious inquiries are encouraged to explore the potential of this exceptional restaurant opportunity in the desirable Marina del Rey market. The property is situated at 33.9893347 latitude and -118.4494178 longitude. This is a single-tenant property, offering complete control and customization for the lessee.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1966
Construction WOOD
Total area 1,789 SF
Lot 0.06 ac (2,484 SF)
Zoning code LAC2
APN 4229-006-038
UPID US09-8800745

Cap rate & NOI

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

Location

3105 Washington Blvd Marina Del Rey, CA 90292-5550
Marina Del Rey metro Census 274100 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 1997
5 recorded transactions
1997
$114,657
1990
Price N/A
1990
$261,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAC2 · Marina Del Rey, CA

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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