Mixed-Use | Vacant Restaurant | Apts | Office

11,280 SF | 45% Leased | Retail Building | Los Angeles, CA 90026 | $6,200,000 ($550/SF) | 5.12% Cap Rate

Asking Price $6,200,000

Property Type: Retail, Restaurant
Square Feet: 11,280 SF
Price / Square Foot: $550

Listing Contacts

Tim Steuernol

Verified Profile

Property Info

Property Overview

3123 & 3201 Sunset Blvd create a highly attractive investment package in the heart of Silver Lake in Los Angeles. The 9,127 SF building at 3123 Sunset Blvd, featuring a vacant 3,103 SF second generation restaurant on the ground floor with full liquor, Type 47 license, and capacity for 88, approximately 3,000 SF of modern office space on the 2nd floor, and residential units above. The building has an adjacent 3,701 SF parking lot for 9 cars on the same block. Both properties are zoned C2 and benefit from their prime location on the premier Sunset Blvd, near major Los Angeles attractions. The corner lot positioning of 3123 Sunset Blvd ensures maximum visibility and accessibility, while the additional parking at 3201 enhances convenience for patrons and tenants. The combination of assets offers
a diverse and steady income stream, making it an ideal investment or owner/user opportunity in one of Los Angeles’ most vibrant and trendy neighborhoods. The restaurant business can be purchased separately.

Property Details

Class: C
Year Built: 1924
Stories: 2
Property Subtype: Storefront Retail/Residential, Storefront, Storefront Retail/Office
Lot Size (sq. ft): 13,939 SF

Highlights

Prime Location in the Heart of Silver Lake on Sunset Blvd: Positioned on a prominent corner lot in the heart of Los Angeles' trendy Silver Lake
Owner-User Potential - The vacant ground floor 2nd generation restaurant space would be ideal for an owner/user
Mixed-Use Asset: 9,127 SF of space with a vacant ground-floor restaurant, modern office spaces, and remodeled residential units above

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Mixed-Use | Vacant Restaurant | Apts | Office

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