Rarely available bar space in the heart of Studio City. This is a unique opportunity to secure a direct lease with the landlord for a Type 48-entitled bar — a setup that is virtually impossible to find in today’s market. The current tenant operates a late-night dive bar with hours until 2:00 AM, 7 days a week, and the landlord is actively in the process of recapturing the premises. The space is fully entitled for a Type 48 license and does not require a kitchen, offering a true bar-use layout. Located just off the Tujunga Village corridor, the location benefits from strong neighborhood character, local foot traffic, and close proximity to residential density and daytime amenities. Please do not approach current employees — they are unaware of the transition. This is an outstanding opportunity for seasoned operators to step into a fully licensed bar location with the flexibility and entitlements to create something truly special.