131 Larchmont Blvd, Los Angeles, CA 90004
1,599 SF of Retail Space Available in Los Angeles, CA 90004
For Lease
Active
17 pictures
- Date Added:
- September 16, 2024
- Days on Market:
- 24 days
- Property Type
-
Retail, Restaurant
Listing Contacts
Greg Engel
Oliver Ghadoushi
Property Overview
Compass is pleased to represent the rare opportunity to acquire an iconic and irreplaceable dining establishment in the heart of Larchmont Village, available to the market for the first time in over 30 years. The existing and operational full-service restaurant is one that cannot be replicated in light of Larchmont Village’s existing “Q conditions,” limiting the approval of new restaurant spaces on the street. The restaurant, home to a well-known variety of pizza and Italian food, features an exclusive outdoor patio as well as the serving of beer & wine. The turnkey location comes fully-equipped with all fixtures, furniture, and equipment, with a built-in customer base and favorable lease terms in a highly coveted retail corridor, home to iconic celebrities and household names.
The restaurant has been a well-known and renowned destination with significant capital improvements and outstanding maintenance, all while professionally operated. The offering represents a one-of-a-kind and exciting opportunity for a qualified restauranteur (owner-operator) to take hold of a prominent restaurant space, in the highly desirable Larchmont Village; prized for outstanding market fundamentals and limited to no supply of 2nd generation restaurant opportunities. This opportunity is an asset-sale with FF&E and key money is required.
____________________________________________________
-Please Contact Oliver Ghadoushi For Any Additional Information.
-Space is Tenant-Occupied — Please DO NOT Disturb Occupants.
-Lessee/Buyer to verify any and all accuracy of information and proposed uses with city.
The restaurant has been a well-known and renowned destination with significant capital improvements and outstanding maintenance, all while professionally operated. The offering represents a one-of-a-kind and exciting opportunity for a qualified restauranteur (owner-operator) to take hold of a prominent restaurant space, in the highly desirable Larchmont Village; prized for outstanding market fundamentals and limited to no supply of 2nd generation restaurant opportunities. This opportunity is an asset-sale with FF&E and key money is required.
____________________________________________________
-Please Contact Oliver Ghadoushi For Any Additional Information.
-Space is Tenant-Occupied — Please DO NOT Disturb Occupants.
-Lessee/Buyer to verify any and all accuracy of information and proposed uses with city.
Property Details
- Year Built
- 1926
Highlights
- Extremely Rare 2nd-Generation Restaurant Space in Larchmont Village
- Exclusive Outdoor Patio Seating
- Fully-Equipped and Turnkey Operation
- Surrounded by Best-in-Class Retailers and Restaurants
- High Traffic, Extremely Walkable Retail Corridor
- Nestled within the Dense & Affluent Hancock Park Community
All available spaces
- Space
- 1st Floor
- Size
- 1,599 SF
- Term
- Negotiable
- Condition
- Full Build-Out
- Space Subtype
- Sublet
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