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11025 Atlantic Ave 598 SF Retail Building Lynwood, CA 90262 For Sale
Investment Highlights
- BRING ALL OFFERS
- Excellent Street Frontage With High Visibility Location
- Business + Real Estate Included In The Sale
- Established Restaurant With Decades Of Community Presence
- Spacious Outdoor Patio Seating + 16 Parking Spaces
Executive Summary
BRING ALL OFFERS Established Restaurant Business + Real Estate Opportunity. La Playita Restaurant Has Been A Well-Known Landmark In The Community For Decades With A Strong And Loyal Customer Base. Rare Opportunity To Acquire Both The Business And Real Estate, Ideal For An Owner-User Or Experienced Restaurant Operator Seeking A Turn-Key, Highly Profitable Operation In A Prime Location. The Restaurant Continued To Perform Strongly Even During The Pandemic Period, Highlighting The Strength Of The Business And Established Clientele.
Property Features Excellent Street Frontage, High Visibility Location, Heavy Foot Traffic, And Convenient Access To Major Freeways And Thoroughfares. Spacious Outdoor Patio Seating Creates An Attractive Dining Experience For Customers. The Site Offers Approximately 16 Parking Spaces, Providing Ample Parking For Guests And Staff. Excellent Opportunity For An Operator Looking To Expand Or Invest In A Long-Standing Restaurant With Real Estate Included.
Property Features Excellent Street Frontage, High Visibility Location, Heavy Foot Traffic, And Convenient Access To Major Freeways And Thoroughfares. Spacious Outdoor Patio Seating Creates An Attractive Dining Experience For Customers. The Site Offers Approximately 16 Parking Spaces, Providing Ample Parking For Guests And Staff. Excellent Opportunity For An Operator Looking To Expand Or Invest In A Long-Standing Restaurant With Real Estate Included.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Building Size
598 SF
Building Class
B
Year Built/Renovated
1948/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.19 AC
Zoning
LYC3* - General Commercial
Parking
16 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6193-006-001 | Improvements Assessment | $156,060 |
| Land Assessment | $728,280 | Total Assessment | $884,340 |
Property Taxes
Parcel Number
6193-006-001
Land Assessment
$728,280
Improvements Assessment
$156,060
Total Assessment
$884,340
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11025 Atlantic Ave
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