8950 Laurel Canyon Blvd - Restaurant FOR SALE


Sun Valley, CA 91352
$4,900,000 USD
909-606-1505
8950 Laurel Canyon Blvd, Sun Valley, CA for Sale
$4,900,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

8950 Laurel Canyon Blvd
Sun Valley, CA 91352


HIGHLIGHTS

  • Prime I-5 Fwy and Laurel Canyon Location
  • Signalized Intersection Location Providing Visibility along Laurel Canyon Blvd and Sheldon Ave.
  • Strong exposure to daily traffic - over 41,000 v.p.d
  • Calling All Owner/users - Investors - Developers
  • Second Gen Restaurant -
  • Restaurant with Two Lots - totaling over 37,000 sf. of land on a signalized corner

OVERVIEW

Second Gen Restaurant & Event Venue or Redevelopment Opportunity - Located on the highly traveled Laurel Canyon Boulevard and the I-5 Freeway in Sun Valley. Popularly known as Big Jim's restaurant, the property presents an outstanding opportunity for investors and owner-users seeking a well-positioned restaurant property in the San Fernando Valley. The offering includes a 8,515 (+/-) s.f. second generation restaurant which operates as a restaurant, bar, entertainment and event venue (includes an entertainment license)with indoor and outdoor seating. Liquor license is not included in the sale. Also included in the sale is the adjoining lot - together the two lots total approximately 37,282 s.f. of land. The property benefits from excellent street visibility at the signalized intersection of Laurel Canyon Blvd. and Sheldon St. traveled by over 41,000 vehicles per day, strong traffic exposure with a pylon sign; and convenient access to major transportation routes serving the greater Los Angeles region such as the I-5 Freeway. Surrounded by established residential and commercial developments, the site offers long-term value and potential for a variety of business or investment objectives. Its strategic location, accessibility, and prominent presence make this an attractive opportunity in a dynamic Southern California market.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$575 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Service Station, Medical, undefined

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,549 SF

ZONING

LARA

APN/PARCEL ID

2629-019-016,2629-019-019

ASK ABOUT THIS PROPERTY

Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1505

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Kavita Kaur BhatiaKavita Kaur BhatiaMore Info
909-606-1505

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