1631 Cordova Street , Los Angeles, CA 90007
Los Angeles, CA 90007
Description
The property consists of 12 fully equipped kitchen spaces, each designed to accommodate various food preparation needs. Here’s a breakdown of the kitchen occupancy: 5 kitchens are currently rented and operating. 3 kitchens have applications pending approval. It’s worth noting that the final permit for the property was granted only three weeks ago, and we already have five kitchens rented and operating. This quick occupancy rate reflects strong demand and the property’s immediate income-generating potential. Each kitchen space measures either 11 ft x 18 ft (3 of the kitchens) or 12 ft x 20 ft (the remaining 9 kitchens). Every kitchen is equipped with the following: Walk-in cooler 12-foot hood 3-compartment sink Prep sink and hand sink Stub-outs for up to 5 pieces of equipment under the hood Ansul fire suppression system The property offers flexible development options as well. The parking lot is zoned enterprise, so parking is not a requirement. Currently, there are 7 parking stalls available, and these could be removed if you choose to expand the building. Only 1 ADA-compliant parking stall is needed, allowing maximum flexibility with the lot.
Details
| Mls | OC24227502 |
|---|---|
| Listing Type | For Sale |
| Style | Other Business Opportunity |
| Subtype | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 31 |
| Listing Provided By | Hit Home Realty 949-600-0776 | Kacper Turek |
Features
| Sq Feet | 5,000 |
|---|---|
| Storys | 1 |
| Units | 12 |
| Buildings | 1 |
| Zoning | Enterprise |
| Acreage | 0.15 |
Market Activity 90007
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90007 |
| Area | KREA Koreatown |
| Listing VS Median (in 90007) | |
Price: $3,400,000 low | high Med: $1,300,000 SqFt: 5,000 low | high Med: 2,052 $ / SqFt: $680 low | high Med: $634 On Site: 31 low | high Med: 86.000000 | |