3125 W Jefferson Blvd - Restaurant FOR SALE


Los Angeles, CA 90018- Crenshaw
$1,350,000 USD
310-909-5422
3125 W Jefferson Blvd, Los Angeles, CA for Sale
$1,350,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

NEW


3125 W Jefferson Blvd
Los Angeles, CA 90018
Crenshaw


HIGHLIGHTS

  • Vacant Freestanding Restaurant: ±5,042 SF building delivered vacant with no tenancy, relocation, Ellis Act, or RSO exposure.
  • Active Beer & Wine License: California ABC Type 41 license available with the real estate, subject to transfer approval.
  • Existing Restaurant Infrastructure: Prior restaurant layout with kitchen, hood, serving line, dining areas, and back-of-house space in place.
  • Transit-Oriented Upside: TOC Tier 3, Opportunity Zone, State Enterprise Zone, AB 2097, AB 2334, and Housing Element rezoning-site status.
  • Companion Parking Parcel: Offered with 3050 Edgehill Drive, an adjacent ±8,006 SF parking/development parcel creating a potential ±14,521 SF assemblag

OVERVIEW

3125 W Jefferson Boulevard is a ±5,042-square-foot freestanding restaurant building on a ±6,515-square-foot hard corner at Jefferson Boulevard and Edgehill Drive, in the heart of Jefferson Park / West Adams. Delivered vacant and free of tenancy, the property offers a clean-slate restaurant, owner-user, investment, or redevelopment opportunity with existing food-and-beverage infrastructure and an active California ABC Type 41 On-Sale Beer & Wine license available with the real estate, subject to standard transfer approval. An operator can reactivate the existing restaurant footprint with kitchen, hood, serving line, and Restaurant Beverage Program eligibility already in place. An investor can re-tenant a highly visible corridor retail asset on a major Jefferson Boulevard corner. A developer can pursue a transit-oriented project supported by TOC Tier 3, Opportunity Zone, State Enterprise Zone, AB 2097 parking relief, AB 2334 parking relief, and Housing Element rezoning-site status with a ministerial approval pathway. The property is located approximately one half-mile from Expo/Crenshaw Station, where the Metro E and K Lines intersect, and benefits from strong corridor visibility, dense surrounding demographics, and long-term development optionality. 3125 W Jefferson is listed separately, but is being marketed in conjunction with 3050 Edgehill Drive, the adjacent ±8,006-square-foot paved parking/development parcel directly behind the building. The parcels may be acquired individually or together, creating a rare Jefferson Park / West Adams offering with a vacant restaurant corner, fee-owned parking, and a ±14,521-square-foot two-zone assemblage for future redevelopment.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,516 SF

ZONING

LAC2

APN/PARCEL ID

5051-033-036

ASK ABOUT THIS PROPERTY

Iman MossanenMarcus & MillichapMore Info
310-909-5422

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Iman MossanenMarcus & MillichapMore Info
310-909-5422

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