$2,150,000
For Sale

409 E Grand Avenue

El Segundo, CA 90245
0.19 acres | #SB24253164
Listing OfficeRE/MAX Estate Properties
Browse 23 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Rare opportunity for owner/user or as an investment property. Recently remodeled restaurant excellently located in the heart of booming El Segundo. This rare freestanding building features a unique two-story layout with an office/private apartment above the restaurant and includes a coveted beer and wine license. Boasting a spacious and beautifully designed patio, this restaurant perfectly captures the essence of California beach culture.
Highly desirable location adjacent to an 18-acre park and situated near LAX, the new LA Times office, and a short distance from the home of the LA Kings, Lakers, Chargers, and Sparks. The area also supports a robust employee base of 60,000 workers, adding to the strong potential for foot traffic and business. The property is conveniently positioned close to popular hotspots such as Rock & Brews, Smoky Hollow Roasters, Five Point Brewing, as well as El Segundo's vibrant attractions and nightlife.
Its versatile build-out offers exceptional flexibility, making it an ideal choice for a variety of restaurant concepts. NEW LEASE WILL BE OFFERED // LIGHT KEY MONEY REQUIRED

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • CountyLos Angeles
      • Original List Price$2,150,000
      • MLS #SB24253164
      • MLS #SB24253164
      • Property TypePurchase
      • Cost2150000
      • Acres0.1945
      • Utility SourcePublic
      • Property SubtypeRetail
      • Year Built1947
      • Stories2

Location

Lynn O'NeilReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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