11938 W Pico Blvd - Restaurant FOR SALE


Los Angeles, CA 90064- West Los Angeles
$3,245,000 USD
858-900-3700
11938 W Pico Blvd, Los Angeles, CA for Sale
$3,245,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

11938 W Pico Blvd
Los Angeles, CA 90064
West Los Angeles


OVERVIEW

FULLY BUILT-OUT RESTAURANT SPACE Modern second-generation restaurant with full kitchen, bar, restrooms, and stylish interior—plug-and-play setup for immediate launch. TYPE 47 LIQUOR LICENSE Permitted for full alcohol service, ideal for dinner, bar, or nightlife-focused concepts (verify transferability with ABC). SIGNALIZED CORNER AT PICO & BUNDY Prime intersection with excellent visibility, strong ADT, and exposure to both commuter and local traffic flows. INFILL WEST LA LOCATION Tightly packed trade area with limited retail vacancy with high barriers to entry and strong surrounding demand drivers. AFFLUENT TRADE AREA DEMOGRAPHICS Over 520,000 residents within 5 miles; average household incomes exceed $120,000, ideal for premium fast-casual or full-service concepts. HEAVY TRAFFIC COUNTS Pico Blvd sees ±35,000 vehicles per day with significant pedestrian volume from adjacent offices, apartments, and retail. PROXIMITY TO MAJOR EMPLOYERS Near UCLA Research Park, Riot Games HQ, and the Olympic Blvd office corridor—high concentration of tech and creative firms. STRONG CO-TENANCY & NEARBY BRANDS Surrounded by top-performing retailers including One Westside Shopping Center, Starbucks, Vons, CVS, Jersey Mike’s, and Equinox. EXCEPTIONAL SIGNAGE VISIBILITY Corner placement with wide storefront windows and Pico-facing signage opportunities—excellent branding potential. QUICK RAMP-UP POTENTIAL Ideal for experienced operators looking to enter or expand within the West LA market with minimal downtime or build-out cost.

FOR SALE DETAILS

PRICE

$3,245,000 USD

PRICE/SF

$921 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Owner/User - Type 47 ABC Lic Bar & Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,395 SF

ZONING

C2 (Commercial General)

APN/PARCEL ID

4259-039-012

ASK ABOUT THIS PROPERTY

Renato LorjaCIRE PartnersMore Info
858-900-3700

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Renato LorjaCIRE PartnersMore Info
858-900-3700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.