5536 Satsuma Avenue, North Hollywood (los Angeles), CA 91601

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Sean Beattie

sean@brivio.com +1(415) 716-7190

Listed by ALBERT LE • LE INVESTMENT GROUP

$6,756,400

Est. payment - /mo

13,144 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 13,144 sqft

Price per Sqft $514

MLS Listing ID CRIV25146490

HOA Y/N No

Year Built 1929

Lot Size 0.472 Acres

Property Sub-Type Comm Ind For Sale

Source Datashare California Regional

Property Description

5524-5536 Satsuma Ave features a total of 10,822 square feet of rentable space, including a 1,400-square-foot warehouse, a 2,430-square-foot flex unit, and 19 ghost kitchen units totaling 6,992 square feet. The property is designed to support a range of industrial, creative, and culinary uses. Tenants benefit from ample parking, efficient access for deliveries, and a prime location in North Hollywood with proximity to major transportation routes and business services. The MR2-1VL zoning provides flexible use options and significant growth potential across various industries, making this a strategic opportunity for tenants seeking adaptable industrial space. This property offers an ideal opportunity for an owneruser with 8 available prep kitchens, commonly referred to as "ghost kitchens." The seller will cover the lease rate and utility reimbursements for all 8 kitchens for a full year following the close of escrow. Alternatively, the potential investor can opt to take the estimated $220,800 value and apply it toward closing costs, renovations, an aggressive marketing strategy, or any other use they deem fit, providing flexibility and significant upside potential. This multi-tenant industrial flex building is constructed with durable steel and masonry brick, offering a secure, gat

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

Water Public

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

5536 Satsuma Avenue North Hollywood (los Angeles), CA 91601

Sean Beattie

Key Details

Location

Interior

Building

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