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713 N Virgil Ave 887 SF Retail Building Los Angeles, CA 90029 For Sale
Investment Highlights
- Existing restaurant and wine bar asset with on-site parking and a functional layout designed for food and beverage operations.
- Existing restaurant improvements and interior buildout may provide a streamlined opportunity for food, beverage, wine bar, or hospitality operators.
- Corner-area location with convenient access to major Los Angeles thoroughfares.
- Located within one of Los Angeles' most active urban neighborhoods known for its concentration of restaurants, cafés, retailers, and entertainment use
Executive Summary
Asset Sale for a Restaurant / Wine bar use. The space can be expanded to ± 2,662 square feet.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
887 SF
Building Class
C
Year Built
1964
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
LAC1 - Local Retail Stores sub 100K SF, Offices or Businesses, Hotels, Hospitals/Clinics, Parking Areas, CR Uses except Churches, Schools, Museums, R3 Uses
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5539-020-030 | Improvements Assessment | $319,804 |
| Land Assessment | $543,676 | Total Assessment | $863,480 |
Property Taxes
Parcel Number
5539-020-030
Land Assessment
$543,676
Improvements Assessment
$319,804
Total Assessment
$863,480
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713 N Virgil Ave
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