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1631 Cordova Street

Los Angeles (City), CA 90007
  • $2,800,000
  • STATUS: Active
  • ON SITE: 79 Days
  • ID#: OC24227502
Price Reduced
$2,800,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Kacper Turek of Hit Home Realty (949-600-0776)


Description

The property consists of 12 fully equipped kitchen spaces, each designed to accommodate various food preparation needs. Heres a breakdown of the kitchen occupancy:5 kitchens are currently rented and operating.3 kitchens have applications pending approval.Its 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 propertys 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 cooler12-foot hood3-compartment sinkPrep sink and hand sinkStub-outs for up to 5 pieces of equipment under the hoodAnsul fire suppression systemThe 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/157526224
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1631 Cordova Street Los Angeles (City), CA 90007

  • Price: $2,800,000
  • Status: Active
  • On Site: 79 Days
  • ID#: OC24227502
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1950
Built
Neighborhood:
KREA - Koreatown
County:
Los Angeles
Area:
KREA - Koreatown
Property Description
The property consists of 12 fully equipped kitchen spaces, each designed to accommodate various food preparation needs. Heres a breakdown of the kitchen occupancy:5 kitchens are currently rented and operating.3 kitchens have applications pending approval.Its 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 propertys 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 cooler12-foot hood3-compartment sinkPrep sink and hand sinkStub-outs for up to 5 pieces of equipment under the hoodAnsul fire suppression systemThe 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.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre

Property Features

Additional Parcels YN No Common Interest None Laundry Features None Listing Agreement Exclusive Right With Exception Listing Service Full Service Number Of Units Leased 5 Property Sub Type Business Security Features Carbon Monoxide Detector(s)Fire Detection SystemFirewall(s)Fire Rated DrywallFire Sprinkler SystemSmoke Detector(s) Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public Zoning Enterprise



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Kacper Turek of Hit Home Realty (949-600-0776)