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Prime Restaurant Opportunity in Heart of LA 1816-1822 S San Pedro St 950 SF of Retail Space Available in Los Angeles, CA 90015
HIGHLIGHTS
- Signalized SE Corner | Washington Blvd & San Pedro St
- Turnkey restaurant - Food & beverage space
- Directly at the LA Metro A Line – Washington Blvd & San Pedro Street Station
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 701 | 950 SF | 9’ | 3-5 Years | $79.08 CAD/SF/YR $6.59 CAD/SF/MO $75,128 CAD/YR $6,261 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 701
Strategically located at 701 E. Washington Blvd, this second-generation restaurant is being offered to the market for the first time in over 30 years. The property sits directly at the LA Metro A Line – Washington Blvd & San Pedro Street Station delivering exceptional visibility and consistent all-day pedestrian flow. Positioned across the street from San Pedro Street Elementary School and surrounded by dense residential neighborhoods, this location benefits from a built-in customer base and steady foot traffic throughout the day. The site features: • 950 SF of restaurant space .. with an efficient, ready-to-use layout • 600 SF outdoor patio.. ideal for seating, events, or additional dining capacity • High traffic counts, strong street visibility, and constant local activity • Established residential community .. along the Washington corridor • Strong local demographics
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Finished Ceilings: 9’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PRIME RESTAURANT OPPORTUNITY IN HEART OF LA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Calderon's T V Service
- Consumer Electronics
- 1
- -
- Jessie's Market
- Supermarket
- 1
- -
- TV & Stereo Repair
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Calderon's T V Service | Consumer Electronics | 1 | - |
| Jessie's Market | Supermarket | 1 | - |
| TV & Stereo Repair | - | 1 | - |
PROPERTY FACTS
| Total Space Available | 950 SF | Gross Leasable Area | 3,580 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Storefront | Parking Ratio | 0.56/1,000 SF |
| Total Space Available | 950 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,580 SF |
| Year Built | 1925 |
| Parking Ratio | 0.56/1,000 SF |
ABOUT THE PROPERTY
PRIME CORNER RESTAURANT OPPORTUNITY Highly visible second-generation restaurant space located at a signalized, high-traffic intersection in the heart of the Washington Corridor. The property benefits from exceptional frontage, transit adjacency, and a dense built-in customer base. EXCELLENT TRAFFIC COUNTS & VISIBILITY AT A BUSY INTERSECTION • Directly at the LA Metro A Line – Washington Blvd & San Pedro Street Station • Built-in customer base and Daytime & Evening Walking Traffic • Established Dense Residential Community.. along the Washington corridor. Space Overview • ±950 SF interior restaurant space with efficient, ready-to-use second-generation layout • ±600 SF outdoor patio ideal for additional seating, events, or expanded dining capacity • Formerly occupied by Manzanillo Colima Seafood Strong Retail & Community Synergy Adjacent and nearby operators include: King Taco, Little Caesars Pizza, Yoshinoya, Jesse’s Market, Calderon’s TV Services, LAUSD – San Pedro Street Elementary School Area Demographics (1-Mile Radius) • Average Household Income: $33,199 • Population: 38,992 Disclaimer: Tenant shall independently verify all information. Listed rate may not include certain utilities, building services, or property expenses.
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NEARBY MAJOR RETAILERS
Presented by
Stoney Realty
Prime Restaurant Opportunity in Heart of LA | 1816-1822 S San Pedro St
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