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3361 W 8th St 4,643 SF 100% Leased Retail Building Los Angeles, CA 90005 $7,100,000 ($1,529.18/SF)
Investment Highlights
- Existing restaurant improvements
- Functional dining layout
- Access to surrounding residential and commercial demand drivers
- Commercial kitchen and bar infrastructure
- Street frontage and visibility
- Redevelopment / Repositioning Potential
Executive Summary
Taylor’s Steakhouse presents a unique opportunity to acquire
a long-standing restaurant operation together with the
underlying real estate in a dense, high-demand Los Angeles
location. The offering combines an established business, a
recognizable brand, and a functional restaurant property with
multiple paths to value creation.
The asset can be operated in its current form, repositioned
with a new concept, or evaluated for alternative uses, subject
to buyer objectives and applicable regulations. This offering provides a rare combination of operational continuity, real estate
ownership, and long-term optionality within a single asset. The existing restaurant
benefits from an established presence and consistent customer base, while the
underlying real estate offers intrinsic value driven by location, density, and accessibility.
FF&E INVENTORY AND FINANCIAL INFORMATION AVAILABLE UPON REQUEST
WITH SIGNED NDA.
Buyers may pursue a range of strategies, including continued operation, brand
repositioning, or future redevelopment, allowing the asset to align with varying
investment objectives.
a long-standing restaurant operation together with the
underlying real estate in a dense, high-demand Los Angeles
location. The offering combines an established business, a
recognizable brand, and a functional restaurant property with
multiple paths to value creation.
The asset can be operated in its current form, repositioned
with a new concept, or evaluated for alternative uses, subject
to buyer objectives and applicable regulations. This offering provides a rare combination of operational continuity, real estate
ownership, and long-term optionality within a single asset. The existing restaurant
benefits from an established presence and consistent customer base, while the
underlying real estate offers intrinsic value driven by location, density, and accessibility.
FF&E INVENTORY AND FINANCIAL INFORMATION AVAILABLE UPON REQUEST
WITH SIGNED NDA.
Buyers may pursue a range of strategies, including continued operation, brand
repositioning, or future redevelopment, allowing the asset to align with varying
investment objectives.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,643 SF
Building Class
C
Year Built
1947
Price
$7,100,000
Price Per SF
$1,529.18
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
LAR4
Parking
21 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
149’ on W 8th St
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5093-025-025 | Improvements Assessment | $109,805 |
| Land Assessment | $226,747 | Total Assessment | $336,552 |
Property Taxes
Parcel Number
5093-025-025
Land Assessment
$226,747
Improvements Assessment
$109,805
Total Assessment
$336,552
(818) 956-7001
x127
Contacts
-
Kris Hons -
David 'Randy' Stevenson -
David Ziegenfuss -
Stevenson Real Estate Services
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3361 W 8th St
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