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$ 7,775,000
Est. payment | /mo
5,687 SqFt
$ 7,775,000
Est. payment | /mo
5,687 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,687 sqft
Price per Sqft $1,367
MLS Listing ID CRTR24179103
HOA Y/N No
Year Built 1988
Lot Size 0.403 Acres
Acres 0.4
Property Description
Terrific and well maintained multii-use commercial property located on prime HOLT AVE. with high density traffic and exposure. POSSIBLE ZONING FOR MARIJUANA FACILITY. The TWO BUILDING property (over 5,687 sq ft) offers a FREE STANDING RESTAURANT W/DRIVE THRU (Ginza Bowl), and 4-5 private businesses ranging from a barber shop, insurance agency, beauty salon, and two vacant units used for storage. Lot size is 17,538 sq ft w/ample parking for all businesses/customers. Seller checked with city and this is A PRIME OPPORTUNITY TO ESTABLISH A MEDICAL MARIJUANA DISPENSARY. Unit Statistics: 1495 HOLT Restaurant is @2087 sq ft, pays $4,400/month and lease ends 2028. 1485 HOLT Barber Shop is @ 1200 sqft, pays $1,600/month and lease ends Feb 2025, 1481 HOLT Insurance Company is @600 sq ft, pays $900/month, and is month-to-month, 1483 HOLT Beauty Salon is @600 sq ft, pays $850/month and is month-to-month. 1489-1491 HOLT are two Vacant units totalling 1,200 sq ft currently used as storage by owner. Owner Monthly Expenes: $213 Insurance, $150 water/sewer, $200 electricity for commons areas and parking lot, $200 Gardener. SELLER RECENT IMPROVEMENTS: Newer elastomeric roof coating for both buildings, new two unit Carrier a/c for 1200 sq ft barber shop, new water heater for restaurant, new LED Sol
Location
State CA
County Los Angeles
Area Listing
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 8357017078
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Listed by Richard Furstenberg • Furstenberg Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "