Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1988
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
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
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Richard Furstenberg , Furstenberg Realty
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