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Owner/User - Type 47 ABC Lic Bar & Restaurant 11938 W Pico Blvd 3,522 SF Retail Building Los Angeles, CA 90064 $3,245,000 ($921.35/SF)
EXECUTIVE SUMMARY
FULLY BUILT-OUT RESTAURANT SPACE
Modern second-generation restaurant with full kitchen, bar, restrooms, and stylish interior—plug-and-play setup for immediate launch.
TYPE 47 LIQUOR LICENSE
Permitted for full alcohol service, ideal for dinner, bar, or nightlife-focused concepts (verify transferability with ABC).
SITUATED ALONG HEAVILY TRAFFICKED W PICO BLVD
Prime intersection with excellent visibility, strong ADT, and exposure to both commuter and local traffic flows.
INFILL WEST LA LOCATION
Tightly packed trade area with limited retail vacancy with high barriers to entry and strong surrounding demand drivers.
AFFLUENT TRADE AREA DEMOGRAPHICS
Over 520,000 residents within 5 miles; average household incomes exceed $120,000, ideal for premium fast-casual or full-service concepts.
HEAVY TRAFFIC COUNTS
Pico Blvd sees ±35,000 vehicles per day with significant pedestrian volume from adjacent offices, apartments, and retail.
PROXIMITY TO MAJOR EMPLOYERS
Near UCLA Research Park, Riot Games HQ, and the Olympic Blvd office corridor—high concentration of tech and creative firms.
STRONG CO-TENANCY & NEARBY BRANDS
Surrounded by top-performing retailers including One Westside Shopping Center, Starbucks, Vons, CVS, Jersey Mike’s, and Equinox.
EXCEPTIONAL SIGNAGE VISIBILITY
Corner placement with wide storefront windows and Pico-facing signage opportunities—excellent branding potential.
QUICK RAMP-UP POTENTIAL
Ideal for experienced operators looking to enter or expand within the West LA market with minimal downtime or build-out cost.
Modern second-generation restaurant with full kitchen, bar, restrooms, and stylish interior—plug-and-play setup for immediate launch.
TYPE 47 LIQUOR LICENSE
Permitted for full alcohol service, ideal for dinner, bar, or nightlife-focused concepts (verify transferability with ABC).
SITUATED ALONG HEAVILY TRAFFICKED W PICO BLVD
Prime intersection with excellent visibility, strong ADT, and exposure to both commuter and local traffic flows.
INFILL WEST LA LOCATION
Tightly packed trade area with limited retail vacancy with high barriers to entry and strong surrounding demand drivers.
AFFLUENT TRADE AREA DEMOGRAPHICS
Over 520,000 residents within 5 miles; average household incomes exceed $120,000, ideal for premium fast-casual or full-service concepts.
HEAVY TRAFFIC COUNTS
Pico Blvd sees ±35,000 vehicles per day with significant pedestrian volume from adjacent offices, apartments, and retail.
PROXIMITY TO MAJOR EMPLOYERS
Near UCLA Research Park, Riot Games HQ, and the Olympic Blvd office corridor—high concentration of tech and creative firms.
STRONG CO-TENANCY & NEARBY BRANDS
Surrounded by top-performing retailers including One Westside Shopping Center, Starbucks, Vons, CVS, Jersey Mike’s, and Equinox.
EXCEPTIONAL SIGNAGE VISIBILITY
Corner placement with wide storefront windows and Pico-facing signage opportunities—excellent branding potential.
QUICK RAMP-UP POTENTIAL
Ideal for experienced operators looking to enter or expand within the West LA market with minimal downtime or build-out cost.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,522 SF
Building Class
C
Year Built
1940
Price
$3,245,000
Price Per SF
$921.35
Tenancy
Single
Building Height
1 Story
Building FAR
0.80
Lot Size
0.10 AC
Zoning
C2 (Commercial General)
Frontage
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,522 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,522 SF | Retail | - | Now |
1st Floor
| Size |
| 3,522 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (88)
NEARBY MAJOR RETAILERS
![[solidcore]](https://images.loopnet.ca/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
PROPERTY TAXES
| Parcel Number | 4259-039-012 | Improvements Assessment | $378,850 |
| Land Assessment | $3,084,930 | Total Assessment | $3,463,780 |
PROPERTY TAXES
Parcel Number
4259-039-012
Land Assessment
$3,084,930
Improvements Assessment
$378,850
Total Assessment
$3,463,780
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Owner/User - Type 47 ABC Lic Bar & Restaurant | 11938 W Pico Blvd
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