2819 Broadway - Restaurant FOR SALE


Los Angeles, CA 90031- Montecito Heights
$4,540,230 USD
310-308-5489
2819 Broadway, Los Angeles, CA for Sale
$4,540,230 USD
Restaurant - FOR SALE
1/7
null | 4.35% Cap Rate

2819 Broadway
Los Angeles, CA 90031
Montecito Heights


HIGHLIGHTS

  • Premier urban infill location in Lincoln Heights, one of Los Angeles’ most historic and densely populated neighborhoods.
  • Fully stabilized single-tenant asset net leased to Taco Bell, providing reliable and passive income.
  • Exceptional surrounding demographics with over 314,000 residents within a three-mile radius and strong household income levels.
  • Highly visible position on N. Broadway just west of Griffin Avenue with strong traffic and entrenched retail demand.
  • Proximity to major institutional anchors including USC’s Health Sciences Campus and Keck Hospital, reinforcing long-term area stability.
  • Rare entitlement advantages including a grandfathered drive-thru configuration and pylon signage no longer feasible under current zoning.

OVERVIEW

Highland Partners Corp is pleased to present the opportunity to acquire 2819 N. Broadway, Los Angeles, CA 90031. This freestanding building is currently 100% net leased to Taco Bell located in Los Angeles in Los Angeles County, California. • Located on N. Broadway just West of Griffin Avenue. • High-density, urban infill location in Central LA (Lincoln Heights). • Located in Lincoln Heights, one of Los Angeles’ oldest and most population dense neighborhoods. • Over 314,000 people within a 3-mile radius with average household income exceeding $103,000. • Urban infill locations with barriers to entry are increasingly sought after by investors looking for long-term defensive positions. • 1.5 miles from the University of Southern California’s Health Sciences Campus, a major academic and medical hub with over 1,200 enrolled students and part of USC’s broader community serving 45,000 students across locations. • Just steps away is Keck Hospital of USC, a nationally ranked academic medical center with 401 licensed beds. • Irreplicable asset in a supply-constrained market: Brand-new Drive Thru configuration permitted under prior zoning regulations (now virtually impossible to approve in dense urban areas like Lincoln Heights) paired with a valuable grandfathered pylon sign providing premium visibility — new pylon signs are heavily restricted or prohibited under current City of Los Angeles sign ordinances.

FOR SALE DETAILS

PRICE

$4,540,230 USD

PRICE/SF

$2,618 USD /SF

CAP RATE

4.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R-4

APN/PARCEL ID

5204-021-003

ASK ABOUT THIS PROPERTY

John CiglianoHighland Partners CorpMore Info
310-308-5489

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John CiglianoHighland Partners CorpMore Info
310-308-5489

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