1631 Cordova Street
Los Angeles, CA 90007
Active for $3,400,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,719 sqft
MLS | OC24227502 |
Year Built | 1950 |
Property Type | Business |
County | Los Angeles |
Status | Active |
Active | $3,400,000 |
Structure Size | N/A sqft |
Lot Size | 6,719 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Kacper Turek, Hit Home Realty 949-698-3670. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.