2214 Stoner Ave — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Los Angeles, CA 90064
  • Year built: 1946

Investment Figures

Cap rate
5.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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 permits Restaurant, Bar & Dancing use, 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

Market Context

This industrial in Los Angeles, CA is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1946. It has been on the market for 99 days. Compare it against other industrial listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles industrial market showed a 7.5% vacancy rate. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

Is the Greater Los Angeles industrial market tightening or softening?
Vacancy is around 7.5% (Q1 2026).

Estimated Market Rate

$372.17/SF – $503.53/SF

Mid: $437.85/SF

Rate estimator only; cost-of-business estimate unavailable.

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