Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.4027

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $5,750,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

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High School

Listing Courtesy of Richard Furstenberg , Furstenberg Realty

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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 Solar parking lot lighting, and new exterior paint thru out.      FIXED ASSETS OF RESTAURANT:  walk-in refrigerator walk-in freezer, grill, deep fryer, char broiler, state of the art hood/exhaust fan, globe meat and vegetable slicing machine, and Ice machine   *******Offer subject to interior inspection.  Please do not disturb tenants.  Offer subject to interior inspection.

1483 W Holt Avenue

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