337 Pier A ve.

, Hermosa Beach 90254 148 - Hermosa Bch Sand

STATUS: A ctive Listing ID: SB19151583 Parcel #: 4183017026 LIST PRICE: $245,000
LIST CONTRACT DATE: 06/26/19 PROP TYPE: Business Opportunity PROP SUB TYPE:

SQFT(SRC): 1,900
SQFT LOT: 3,500
ACRES: 0.080
BUSINESS NAME: Ragin Cajun
BUSINESS TYPE: Restaurant
YEAR ESTABLISHED: 2017
YEAR BUILT: 1946
SLC:
LEVELS:
CURRENT USE:
ACTUAL RENT: $7,500
RENT MIN - MAX $/SF/YR:
NUMBER OF UNITS:
ENTRY LEVEL:
BUILDING STATUS:
OCCUPANCY:
BUILDING $/PER SQFT: $128.95
LAND $/PER SQFT:
Recent: 06/26/2019 : NEW DAYS ON MARKET: 0
COUNTY: Los A ngeles
PARCEL MASTER:
INVEST?: A/C?:
FENCE?: HEAT?:
DESCRIPTION
Ragin Cajun
Turn key beach side restaurant located in the central commercial corridor of Hermosa Beach on Pier A ve. within three blocks of
the beach. The property is surrounded by high end residential developments and flourishing boutique stores, professional offices
and restaurants. A beach community known for it's multiple events throughout the year celebrating the lifestyle of living at the
beach from surfing contest, volleyball tournaments, festivals, concerts and movies on the beach. The 1,900 sf restaurant is fully
furnished with seating for 79, a well equipped kitchen, upgraded plumbing, electrical and gas lines as well as two A DA approved
bathrooms. There is a CUP in place for a beer and wine license along with all the local agency approvals for a restaurant. The
lease is approximately 8 yrs with a base rent $7,500 NNN and a 5 yr. option to renew. Net fees are $780 p/m and there is a
landlord food allowance for $750 p/m. Easy access - please call listing agent for details.
REASON FOR SELLING:moved
BUSINESS URL:
https://www.planomatic.com/283708
BUILDING DETAILS UTILITIES
FEATURES: TV System OFFICE CLASS: ELECTRICITY:
HEATING: ROOFING: AMPERAGE:
LAUNDRY: SECURITY: VOLTS:
CLEARANCE: CONSTRUCTION: UTILITIES:
INDUSTRIAL TYPE: LOT: WATER:
PROBATE AUTHORITY:
BUSINESS DETAILS
OWNERSHIP: Partnership SPECIAL LICENSES: Other YEARS CURRENT OWNER: 2
DAYS / HOURS OPEN: PART TIME EMPLOYEES 0 HOURS OWNER WORKS:
FULLTIME EMPLOYEES: 0 ACTUAL RENT: $7,500 LEASABLE SQFT: 1,900
LEASE EXPIRES: 01/01/27 INVENTORY VALUE: MONTHLY NNN: 780
EQUIPMENT VALUE: PARKING TOTAL:
SQUARE FOOTAGE
CONDO SQFT: INDUSTRIAL SQFT:
HIGH TECH FLEX SQFT: INDUSTRIAL MIN/MAX: OFFICE SQFT:
OFFICE MIN/MAX:
RETAIL SQFT: DIVISIBLE SQFT: RESIDENTIAL SQFT:
TOTAL SQFT: LAND $/PER ACRE:
PARKING
PARKING TOTAL: CARPORT:
UNCOVERED: PARKING RATIO:
LAND
COMMON INTEREST: BUILDER NAME: PARK NAME:
LAND USE: ZONING: C-2 PHASE:
LOT SIZE DIM: SURVEY TYPE:
TOPOGRAPHY:
PARCEL #: 4183017026
ADDITIONAL PARCEL(s): No
TERMS
LEASE RENEWAL OPTION?: Yes ASSIGNABLE: Yes MIN. DOWN AMOUNT: 200,000
LISTING TERMS: Cash, Owner May Carry FINANCING: OWNERSHIP TYPE: Partnership
EXISTING LEASE TYPE: CLOSE DATE:
INCLUSIONS:
EXCLUSIONS:
OW NER / TENANT
OWNERS NAME: # of UNITS LEASED: MOVE-IN:
OWNER PHONE: ANCHORS/Co-TENANTS:
OWNER PAYS:
TENANT PAYS:

FINANCIAL
GROSS OPERATING INCOME: NET PROFIT: OPERATING EXPENSE:
A NNUA L EXPENSE INFORMA TION A NNUA L OPERA TING INFORMA TION
EXPENSE YEAR: PROFESSIONAL MANAGER: GROSS SCHEDULED INCOME:
REAL ESTATE TAX: RESIDENT MANAGER: VACANCY ALLOWANCE:
PERSONAL PROPERTY: MAINTENANCE: LAUNDRY:
ACCOUNTING/LEGAL: SUPPLIES: OTHER:
ADVERTISING: OTHER: EFFECTIVE GROSS:
INSURANCE: BUILDING EXPENSE: TOTAL EXPENSE:
ELECTRICITY: RESERVES: NET OPERATING INCOME:
WATER/SEWER: INVENTORY VALUE:
TRASH:
INVESTMENT INFORMA TION
ACCOUNTING TYPE: GROSS OPERATING INCOME: VACANCY ALLOWANCE RATE:
OPERATING EXPENSES: NET OPERATING INCOME: CAP RATE:
TA XES
TAX RATE: TAX ANNUAL $: TAX YEAR:

AGENT
LISTING AGENT: Michael Talbot LISTING AGENT STATE LICENSE: LISTING AGENT MLS ID: STA LBMIC
00645363
CO-LISTING AGENT: CO-LISTING AGENT STATE LICENSE: CO-LISTING AGENT MLS ID:
CONTACT
1.LA CELL: 310-422-4309 2.LA DIRECT: 310-378-9889 3.LA PAGER:
4.LA FAX: 310-378-2745 5.LA VOICEMAIL: 310-937-5785 6.LA EMAIL: m.talbotre@gmail.com
OFFERS EMAIL: m.talbotre@gmail.com
OFFICE
LISTING OFFICE: RE/MA X Estate Properties LISTING OFFICE STATE LICENSE: 01219939
LISTING OFFICE PHONE: 310-378-7747 LISTING OFFICE FAX: 310-378-1997 LISTING OFFICE MLS ID: S5251
CO-LISTING OFFICE: CO-LISTING OFFICE STATE LICENSE:
CO-LISTING OFFICE PHONE: CO-LISTING OFFICE FAX: CO-LISTING OFFICE MLS ID:
MLS
BAC: 5% DUAL/VARI COMP?: No INTERNET SEND: LISTING?/PRICE?Yes/
LISTING CONTRACT DATE: 06/26/19 EXPIRATION DATE: 09/30/19 MOD TIMESTAMP: 06/26/19
ON MARKET DATE: 06/26/19 CURRENT FINANCING: LIST AGRMT: Exclusive Right To Sell
BAC REMARKS:
PRIVATE REMARKS:
SHOW ING INFORMATION
SHOW INSTRUCTIONS: Please call listing agent for showing instructions
DIRECTIONS: PCH west on Pier between PCH and Hermosa A ve. - 3 blocks to the beach
PHOTOS
Click arrow to display photos
Agent Full - Business Opportunity LISTING ID: SB19151583 Printed by Michael Talbot, State Lic: 00645363 on 06/26/2019 6:59:40 PM

©CRMLS. Information is believed to be accurate, but shall not be relied upon without verification.
Accuracy of square footage, lot size and other information is not guaranteed.