See all 14 photos
$3,400,000
Est. payment /mo
6,716 Sqft Lot
New
1631 Cordova ST Los Angeles, CA 90007
UPDATED:
11/04/2024 11:30 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24227502
HOA Y/N No
Year Built 1950
Lot Size 6,716 Sqft
Property 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.
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.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Zoning Enterprise
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5075036031
Security Features Carbon Monoxide Detector(s),Fire Detection System,Firewall(s),Fire Rated Drywall,Fire Sprinkler System,Smoke Detector(s)
Special Listing Condition Standard
Listed by Kacper Turek • Hit Home Realty • 949-500-0049