8950 Laurel Canyon , Los Angeles, CA 91352
$4,900,000
Est. Payment: $26,169.43/mo
0 Bed
0 Bath
8515 Sqft
Status: Active | Days on site: 6
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IVGURJ - IVBHATKAV
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House Description

Second Gen Restaurant & Event Venue or Redevelopment Opportunity - Located on the highly traveled Laurel Canyon Boulevard and the I-5 Freeway in Sun Valley. Popularly known as Big Jim's restaurant, the property presents an outstanding opportunity for investors and owner-users seeking a well-positioned restaurant property in the San Fernando Valley. The offering includes a 8,515 (+/-) s.f. second generation restaurant which operates as a restaurant, bar, entertainment and event venue (includes an entertainment license)with indoor and outdoor seating. Liquor license is not included in the sale. Also included in the sale is the adjoining lot - together the two lots total approximately 37,282 s.f. of land. The property benefits from excellent street visibility at the signalized intersection of Laurel Canyon Blvd. and Sheldon St. traveled by over 41,000 vehicles per day, strong traffic exposure with a pylon sign; and convenient access to major transportation routes serving the greater Los Angeles region such as the I-5 Freeway. Surrounded by established residential and commercial developments, the site offers long-term value and potential for a variety of business or investment objectives. Its strategic location, accessibility, and prominent presence make this an attractive opportunity in a dynamic Southern California market.

Highlights

Listed by GURJEET BHATIA , 909-210-1570 Acreage Real Estate , 909-606-1505. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.4

Year Built

1979

County

Los Angeles

Area

WLA - West Los Angeles

Listing ID

IV26182772

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Corner Lot,Paved,Walkstreet,No Land Lease
Principal Interest
$26,169
Taxes
$3,124

Home Price

$4,900,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$980,000
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Monthly Price:
$26,169.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,169.43 $3,123.75 $0.00 $29,293.18
Yearly $314,033.15 $37,485.00 $0.00 $351,518.15
Total $9,420,994.63 $1,124,550.00 $0.00 $10,545,544.63

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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