11026 Magnolia Blvd - Restaurant FOR SALE


North Hollywood, CA 91601
$2,900,000 USD
818-732-6107
11026 Magnolia Blvd, North Hollywood, CA for Sale
$2,900,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

11026 Magnolia Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • NoHo Arts District with lots of foot and street traffic
  • Large patio, open plan, greenery, light

OVERVIEW

Retail/Restaurant space with ~1200sqft building (kitchen, office, storage, bar/counter, dining) on ~6Ksqft lot and mostly outdoor/patio dining area with bar, lounge, large tree, and water features. Currently has a rustic, tropical vibe. Sold AS IS with existing equipment and furniture. Suitable for owner/user use as is as retail space/restaurant, but located in highly desirable NoHo Arts District with possible mixed-use and potential for teardown and multi-story building and investment opportunity. For sale by owner. Also open to lease. Currently vacant. Motivated seller.Thanks for your call and interest in 11026 Magnolia. Subject to verification, zoning is enterprise mixed use C4-1-CA and previous tenant carried type 41 beer and wine license that may be available for purchase from third party (separate, unrelated to property owner)

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$2,267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

C4, Los Angeles

APN/PARCEL ID

2353-006-007,2353-006-008

ASK ABOUT THIS PROPERTY

Dorit JacobyNoHo Property ManagementMore Info
818-732-6107

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Dorit JacobyNoHo Property ManagementMore Info
818-732-6107

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.