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This Industrial Property is no longer advertised on LoopNet.co.uk.

5524-5536 Satsuma Ave
North Hollywood, CA 91601
 Satsuma Ghost Kitchens & Industrial · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Add-Value Owner User/Investment Opportunity
  • Seller will execute a master lease of all current vacant kitchen units for a period of One (1) year, commencing at the close of escrow.
  • Ideal for light industrial and commercial operations, with a combination of kitchen and warehouse-style units.
  • Recently Renovated in 2022, the owner has invested over 2.8 million dollars into the property.
  • Property features 19 kitchen units, one warehouse unit, and a flex space layout for various business needs.
  • This property, approved for cannabis cultivation, presents exceptional value-add potential.

PROPERTY FACTS

Property Type Industrial No. Floors 1
Property Subtype
Food Processing
  • Fast Food
  • Restaurant
  • Industrial Warehouse
 Year Built/Renovated 1929/2022
Costar Property Class B Parking Allocation 2/1,000 sq ft
Total Plot Size 0.47 ac Eaves Height 15 ft
Net Internal Area (NIA) 13,144 sq ft No. Drive In / Grade-Level Doors 1
Use Class MR2-1VL - The MR2-1VL zoning in designates restricted light industrial use, limiting non-industrial activities. Approved for cannabis cultivation
Property Type Industrial
Property Subtype
Food Processing
  • Fast Food
  • Restaurant
  • Industrial Warehouse
Costar Property Class B
Total Plot Size 0.47 ac
Net Internal Area (NIA) 13,144 sq ft
No. Floors 1
Year Built/Renovated 1929/2022
Parking Allocation 2/1,000 sq ft
Eaves Height 15 ft
No. Drive In / Grade-Level Doors 1
Use Class MR2-1VL - The MR2-1VL zoning in designates restricted light industrial use, limiting non-industrial activities. Approved for cannabis cultivation

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Property Manager on Site
  • Security System
  • Storage Space
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

Parcel Number 2416-014-005 Improvements Assessment £113,442
Land Assessment £657,983 Total Assessment £771,425

PROPERTY TAXES

Parcel Number
2416-014-005
Land Assessment
£657,983
Improvements Assessment
£113,442
Total Assessment
£771,425
 

  • Listing ID: 35013647

  • Date on Market: 04/03/2025

  • Last Updated:

  • Address: 5524-5536 Satsuma Ave, North Hollywood, CA 91601

The Industrial Property at 5524-5536 Satsuma Ave, North Hollywood, CA 91601 is no longer being advertised on LoopNet.co.uk. Contact the agent for information on availability.

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