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2214 Stoner Ave 3,600 SF Retail Building Los Angeles, CA 90064 $3,343,228 CAD ($928.67 CAD/SF) 5.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully Built-Out Turnkey Commercial Kitchen & Restaurant Available for Sale or Lease
- Roof Replaced in September 2025
- On-Site Parking & Exterior Storage
- Seller Financing and SBA Financing Available
- Walking distance to Metro Expo/Bundy Station and minutes from I-405 and I-10, providing convenient access across Los Angeles
- Prime West Los Angeles Location
EXECUTIVE SUMMARY
2214 Stoner Avenue presents a rare opportunity to own or lease a fully built-out restaurant and commercial kitchen in the heart of West Los Angeles, strategically positioned along the Olympic Boulevard Corridor and just steps from the vibrant Sawtelle Japantown dining district. This prime location benefits from strong demographics, high traffic counts, and proximity to major employment centers, making it an ideal setting for a successful food and beverage concept.
Situated on a 0.12-acre parcel, the 3,600-square-foot freestanding building is currently home to Neli’s Restaurant & Catering and will be delivered vacant and ready for occupancy by mid-November 2025. The property features a recently replaced roof, a fully equipped commercial kitchen with walk-in refrigeration and freezers, a spacious dining area, former bar, restrooms, and storage/office space, providing a true turnkey solution for restaurant and catering operators. While no ABC licenses are included in the sale, the historical Certificate of Occupancy is for a cocktail lounge, offering flexibility for future concepts. Buyer/Tenant to verify all uses with LADBS. Additional highlights include up to five off-street parking spaces and exterior storage, a rare amenity in this dense urban market.
Zoned NI(EC) under the Exposition Corridor Transit Neighborhood Plan, the property benefits from the underlying zoning that encourages employment-dense and innovation-driven industries. Alternative potential uses for the site include technology, media, production, research and development, and creative services. Limited live/work options are permitted, enhancing adaptability for modern businesses.
For transit access, the property is within walking distance of the Metro Expo/Bundy Station, offering convenient connections across Los Angeles via the Expo Line. The station features 150 Park & Ride spaces along Exposition Boulevard. The location also offers unparalleled Westside connectivity, positioned at the high-traffic intersection of West Olympic Boulevard and South Barrington Avenue (approx. 100,000 vehicles per day), 0.7 miles from the I-405 and 0.4 miles from the I-10. Nearby amenities include but are not limited to Trader Joe’s, Gelson’s, Ralphs, Walgreens, Staples, and Starbucks. Household incomes in the surrounding area average over $140,000 within a three-mile radius, reflecting an affluent and dense West LA market.
With competitive SBA financing options available for as little as 10% down, this asset is a rare opportunity in a highly coveted location. Seller financing is also available with 33% down. Contact Agent for additional information.
Situated on a 0.12-acre parcel, the 3,600-square-foot freestanding building is currently home to Neli’s Restaurant & Catering and will be delivered vacant and ready for occupancy by mid-November 2025. The property features a recently replaced roof, a fully equipped commercial kitchen with walk-in refrigeration and freezers, a spacious dining area, former bar, restrooms, and storage/office space, providing a true turnkey solution for restaurant and catering operators. While no ABC licenses are included in the sale, the historical Certificate of Occupancy is for a cocktail lounge, offering flexibility for future concepts. Buyer/Tenant to verify all uses with LADBS. Additional highlights include up to five off-street parking spaces and exterior storage, a rare amenity in this dense urban market.
Zoned NI(EC) under the Exposition Corridor Transit Neighborhood Plan, the property benefits from the underlying zoning that encourages employment-dense and innovation-driven industries. Alternative potential uses for the site include technology, media, production, research and development, and creative services. Limited live/work options are permitted, enhancing adaptability for modern businesses.
For transit access, the property is within walking distance of the Metro Expo/Bundy Station, offering convenient connections across Los Angeles via the Expo Line. The station features 150 Park & Ride spaces along Exposition Boulevard. The location also offers unparalleled Westside connectivity, positioned at the high-traffic intersection of West Olympic Boulevard and South Barrington Avenue (approx. 100,000 vehicles per day), 0.7 miles from the I-405 and 0.4 miles from the I-10. Nearby amenities include but are not limited to Trader Joe’s, Gelson’s, Ralphs, Walgreens, Staples, and Starbucks. Household incomes in the surrounding area average over $140,000 within a three-mile radius, reflecting an affluent and dense West LA market.
With competitive SBA financing options available for as little as 10% down, this asset is a rare opportunity in a highly coveted location. Seller financing is also available with 33% down. Contact Agent for additional information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,600 SF
Building Class
C
Year Built
1946
Price
$3,343,228 CAD
Price Per SF
$928.67 CAD
Cap Rate
5.50%
NOI
$183,878 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
0.12 AC
Zoning
NI(EC) - Exposition Corridor Transit Neighborhood Plan - New Industry Zone intends to preserve and promote employment-dense uses.
Parking
5 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
47’ on Stoner
AMENITIES
- 24 Hour Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 3,600 SF
- Flex
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,600 SF | Flex | - | Now |
1st Floor
| Size |
| 3,600 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Now |
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4260-012-030 | Improvements Assessment | $77,091 CAD |
| Land Assessment | $771,081 CAD | Total Assessment | $848,172 CAD |
PROPERTY TAXES
Parcel Number
4260-012-030
Land Assessment
$771,081 CAD
Improvements Assessment
$77,091 CAD
Total Assessment
$848,172 CAD
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2214 Stoner Ave
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