Kirk Garabedian

Director
KW Commercial

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Commercial Retail
For Sale
14740 Beach Blvd
14740 Beach Blvd, La Mirada, California 90638
$1,350,000
.09 Acres
THE INVESTMENT We are pleased to present 14740 Beach Boulevard in La Mirada, California. A 4,000± square foot full-service restaurant property plus a take-out coffee bar space that is well positioned to adapt to coronavirus modifications. The restaurant has several private dining rooms as well as an open-air patio section creating plenty of separation and opportunity to social distance dinner parties. Additionally, the restaurant is equipped with high capacity ventilation fans, and has well defined areas with plenty of distance between them. The restaurant has a full-service bar and liquor license and recently opened a separate coffee shop unit that can service take out or curb-side orders. TENANT STATUS In May of 2018, a restaurant tenant signed a 7-year Triple Net lease, along with two 5-year options starting at $6,000 per month and increasing to a maximum of $7,000 per month. While the tenant spent a considerable amount of capital on improvements, there have been a couple of concept changes throughout a fairly short period of time. These concept changes, coupled with the impact of Covid-19, have caused this restaurant to go “dark” until further notice. The tenant is in constant communication with the listing agents and wants to remain cooperative throughout the sale process. The tenant would consider selling the liquor license, any FF&E, plus the business the Buyer of the real estate if the price and conditions are acceptable. The listing agents can provide additional details to serious inquirers. THE LOCATION Regarding the location of the property, the asset is uniquely positioned as it is the only private parcel amongst a larger shopping center located on the corner of Rosecrans Avenue and Beach Boulevard. The larger shopping center is over 66,000 square feet, situated on nearly 5.5 acres, and is professionally managed. Manicured landscaping, a well-maintained parking lot, orderly signage and a general well-groomed atmosphere is evidence that there is a professional team that manages the property. A new Buyer will also benefit from this management team and should expect to have a symbiotic relationship with the larger shopping center ownership.
5/26/2020 5:44:43 PM   5/26/2020 5:44:43 PM
Commercial Retail
For Sale
7217 Toler Avenue
7217 Toler Avenue, Bell Gardens, California 90201
$1,595,000
.43 Acres
We are pleased to present an opportunity to Lease or Buy a vacant Church Property located in Bell Gardens, California. The property is located in a quiet cul-de-sac just south of Florence Ave and one block west of Garfield Ave. The building is approximately 4,172 square feet and is situated on a large 18,580± square foot parcel, and spans the entire top portion of the block. The property was formerly used as a Church and includes a large sanctuary equipped with pews, a kitchen area, several smaller offices as well as an area that can be used as a counseling or teaching space. This asset is rare in that it boasts 32-parking spaces or an 8-per thousand parking ratio. The building was built in 1986 and is equipped with a fire sprinkler system mandatory for most congregation facilities. This property is a rare find and one that will ensure any religious group or community center will benefit from its location, efficient building layout and abundant parking. Located in Southern California, Bell Gardens is home to a diverse population of more than 45,000 residents. Just 2.4 square miles, This Los Angeles suburb maybe small in size; however, it has plenty of offer. Through a mayor council form of government, the city of Bell Gardens is able to provide residents with outstanding services, envied by most other communities. Manufacturing is the city’s main industry; however, commercial and retail businesses also thrive in this community. Bell Gardens is the proud home of the world famous Bicycle Casino and a major proponent of redevelopment.
5/26/2020 5:32:04 PM   5/26/2020 5:32:04 PM
Commercial Retail
For Sale
15422 Devonshire Blvd
15422 Devonshire St, Mission Hills, California 91345
$795,000
.06 Acres
We are pleased to present 15422 Devonshire Street in Mission Hills, California. The property is a 2-unit retail building approximately 1,875 square feet in size and situated on 2,628 square feet of land. Property was previously used as a single tenant dispensary, but it is currently vacant and is ideal for an investor or owner-user looking for an affordable building in prime location. The building is located near the signalized intersection of Devonshire and Sepulveda, which boast a combined traffic count of over 60,000 vehicles per day (31,000 for Devonshire & 29,900 for Sepulveda). Moreover, this intersection is the first primary intersection as you exit Devonshire Street from the 405-Freeway, making the building about 300-yards from the freeway. The property is surrounded by national retailers and two neighborhood centers, which including Vons, Target, Ross Dress for Less and a myriad of other national brands. The property has parking in the rear, and the although the spaces are unmarked, appears to have room for about 6 vehicles, giving the property a 3 to 1 parking ratio. Entrance to the parking can be accessed from the adjacent shopping center through Devonshire or through the alley on Langdon Avenue. At a price point of $795,000 this is one of the most affordable properties you can purchase in Los Angeles County in such a prime location. The building is located near the signalized intersection of Devonshire and Sepulveda, which boast a combined traffic count of over 60,000 vehicles per day (31,000 for Devonshire & 29,900 for Sepulveda). Moreover, this intersection is the first primary intersection as you exit Devonshire Street from the 405-Freeway, making the building about 300-yards from the freeway.
12/10/2019 12:20:29 AM   5/14/2020 2:35:03 AM
Commercial Multi-Family
For Sale
2119 N Beachwood Drive
2119 N Beachwood Drive, Los Angeles, California 90068
$5,500,000
.29 Acres
We are proud to offer for sale 2119 North Beachwood Drive, a rare opportunity to purchase a 17-unit multifamily investment located in the Hollywood Hills. Originally constructed in 1956, the property is a striking two-story structure over secured, subterranean parking. This offering presents a unique opportunity to acquire an asset that is in excellent condition and provides a huge amount of remaining upside potential in the rents. 2119 N. Beachwood Drive offers the perfect blend between a stabilized asset and a value-add opportunity. The property has been extensively renovated inside and out yet offers over 33% remaining upside potential in rents. Exterior renovations to the property include the replacement of nearly all front and south-facing windows throughout the property. Architectural detail was added to the front of the building for enhanced curb appeal and the exterior of the property was painted completely. Drought-resistant landscaping was installed at the front of the property as well as in the courtyard. Six of the apartments were beautifully renovated in their entirety, demonstrating the demand for luxury units in the neighborhood. These units feature modern finishes including new vinyl plank flooring in the living areas and tile flooring in the kitchens and bathrooms. The kitchens feature quartz countertops, designer backsplashes, high-end stainless steel appliances, custom cabinetry and beautiful hardware. Additional custom cabinetry lines the hallways for abundant storage. In addition to the six completely renovated units, four of the apartments underwent complete bathroom renovations with the same high-end designer finishes used in the other renovated apartments. Amenities at 2119 N. Beachwood Drive include secured, subterranean parking for every unit, a tranquil courtyard, a laundry room, and a security camera system. Additionally, the property is separately metered for gas and electricity and per the seller, 90-95% of the plumbing has been upgraded to copper. Located in a premier pedestrian location the asset benefits from easy access to employers, major studios, financial firms, entertainment and historic attractions. Hollywood has seen a tremendous revitalization over the last decade. An influx of capital dedicated to the revitalization of Hollywood has attracted a new resident base of young urban dwellers. This new, hip client base has brought new restaurants, night clubs, and retail opportunities, making Hollywood one of the more desirable submarkets in the greater Los Angeles area.
10/2/2019 9:10:43 PM   5/14/2020 2:31:55 AM
Commercial Office
For Sale
1010 Foothill Blvd
1010 Foothill Blvd, La Canada Flintridge, California 91011
$5,350,000
.31 Acres
KW Commercial is pleased to present the iconic Flintridge Bookstore & Coffeehouse Building in the heart of La Cañada Flintridge. Constructed in 2010, this 6,340 square foot building is the brainchild of La Cañada locals whose love for books and architecture compelled them to build this a one-of-a-kind structure sparing no cost to ensure the highest degree of quality, function and design. While the asset is currently being used as a single tenant bookstore and coffee shop, the building can be configured as a two-unit structure and has the mechanics in place to accommodate that option. Situated for maximum visibility, the building is located on the signalized corner of Chevy Chase Drive and Foothill Boulevard with nearly 150’ feet of frontage on Foothill Boulevard. The property contains 25-parking spaces with partial subterranean and part open air parking, accessible from Chevy Chase Drive. Elevator access is available from the parking to ensure handicap accessibility; the building also has two additional handicap ramps giving access to all entry points. The interior space is open concept with vaulted ceiling and an exposed wood beam roof. Large windows in the gable, clerestory windows on the north and south of the structure allow natural light to flood the space and bounce warm light off the ceiling planks onto the space below. Exposed HVAC ductwork, pendant warehouse lighting, and metal wood joints add a vintage industrial look to the space. Situated for maximum visibility, the building is located on the signalized corner of Chevy Chase Drive and Foothill Boulevard with nearly 150’ feet of frontage on Foothill Boulevard.
9/24/2019 4:50:32 PM   9/24/2019 4:54:15 PM
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