3rd Street Promenade

Santa Monica, CA 90401

Listing ID: 147709
$499,000
For Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 2,200
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Description
PROPERTY DESCRIPTION
RESTAURANT FOR SALE
SIZE: Approximately 2,200 square feet
ASKING PRICE: $499,000
CURRENT RENT: $19,000 per month including NNN
LEASE: Approximately 1.5 years left with a 5 year option (Buyer can negotiate for extension of lease or new lease)
PARKING: Metered street parking and city lots
AVAILABLE: Immediately
GROSS SALES: $1,800,000
Location, location, location! One block from the beach and close to 3rd Street Promenade, shopping and nightlife, this restaurant has been a long-standing fixure in downtown Santa Monica.
• Front of the house restaurant brilliantly designed
• Fully equipped kitchen with grease trap
• 17 foot hood
• Walk in refrigerator and walk in freezer
• Type 47 ABC license
• Heavy foot and auto counts in high income area
Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population30,374160,833389,277
Population Median Age424139
Population by Age0-9 Yrs20771452733604
10-19 Yrs12841227735102
20-29 Yrs57722606075366
30-39 Yrs67013037770656
40-49 Yrs47112323852516
50-59 Yrs31581968644427
60-69 Yrs31271741639018
70+ Yrs35431725238589
Median HH Income$87,836$95,487$91,327
Total Household Income< 24K34711212528156
25-49K2238993023841
50-74K1924941522540
75-99K1912858020265
100-199K49152069546100
200K+27681625934644
Highest Education LevelNo Diploma972680417932
Diploma or GED18761026923579
Some College34451784942779
Assoc. Degree1249599414124
Bachelors Degree1071649285106897
Higher Degree71963558282577
Total Housing Units19,96385,718192,729
--Owner-Occupied2,50925,34560,798
--Renter-Occupied14,71851,658114,747
Owner-Occupied Values< 100K184671006
100-199K0212515
200-299K4251607
300-399K19331703
400-499K895931843
500K+23792349256125
Total Working Age Population27,565138,362338,387
In Work Force19,84799,263234,191
Not In Work Force7,71939,100104,196
Workforce Employed18,49093,196220,408
Workforce Unemployed1,3576,03313,717
Civlian Workforce19,84799,229234,125
Military Workforce03466
Total Households17,22877,004175,545
Family Households5,21333,02376,608
Non-Family Households12,01443,98198,938
Married Couple4,08525,57659,258
Other Family1,1287,44717,350
Married w/Child1,3099,88022,784
Single Male w/Child1871,1212,152
Single Female w/Child3042,4385,218

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Agent
More listings from John Moudakis
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