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Property profile & analytics
OFF-MARKET Estimated value $500,000
Retail space

7560 Winnetka Ave Winnetka, CA 91306-2930

2,400 SF 0.21 ac lot Built 1975
Trust Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-7804303
Property summary
AI-generated overview

This exceptional Winnetka restaurant presents a unique opportunity for a savvy entrepreneur. Located at 7560 Winnetka Avenue in Winnetka, CA, this thriving establishment boasts 2,400 square feet of space on a 0.21-acre lot. The restaurant comfortably seats 78-100 guests, making it ideal for both regular dining and large-scale events. A spacious dance floor adds to its versatility, perfect for weddings, corporate functions, birthdays, and other private celebrations. The fully equipped kitchen features high-end appliances, providing ample space for culinary creativity and efficient event catering. Ample parking is available for patrons and guests. The current lease is a 20-year agreement with 5-year renewal options at a competitive rate. Furthermore, there's a potential option to purchase the property itself, offering long-term security and investment potential. This turnkey operation has a proven track record of success and significant potential for increased revenue through private event bookings. Serious inquiries only

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction WOOD
Total area 2,400 SF
Lot 0.21 ac (9,000 SF)
Zoning code LAC2
APN 2115-003-037
UPID US09-7804303
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
  • Foodaholic inc Restaurant
  • Winnetka Restaurant & Lounge Restaurant
  • Venom Hookah Inc. Bar & Pub (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$672k
Blend (final) Blend
$500k
Owner & transaction history
Sareli Family Trust · 3 yrs held
Sareli Family Trust
since 2023
7 recorded transactions
2023
Price N/A
2019
Price N/A
2019
Price N/A
2015
Price N/A
2005
Price N/A
1995
Price N/A
1988
$280,000
Zoning & alternative use
LAC2 · Winnetka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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