Sotheby's International Realty
Matthew Aaronson, Sotheby's International RealtyPhone: (917) 359-5392
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24Real estate listing preview #25Real estate listing preview #26Real estate listing preview #27
listing
1 of 27
CommercialFor Sale
$6,756,400
5536 Satsuma Avenue
North Hollywood, CA 91601
Listing Office: Le Investment Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$34,975/mo

5524-5536 Satsuma Ave features a total of 10,822 square feet of rentable space, including a 1,400-square-foot warehouse, a 2,430-square-foot flex unit, and 19 ghost kitchen units totaling 6,992 square feet. The property is designed to support a range of industrial, creative, and culinary uses. Tenants benefit from ample parking, efficient access for deliveries, and a prime location in North Hollywood with proximity to major transportation routes and business services. The MR2-1VL zoning provides flexible use options and significant growth potential across various industries, making this a strategic opportunity for tenants seeking adaptable industrial space. This property offers an ideal opportunity for an owneruser with 8 available prep kitchens, commonly referred to as "ghost kitchens." The seller will cover the lease rate and utility reimbursements for all 8 kitchens for a full year following the close of escrow. Alternatively, the potential investor can opt to take the estimated $220,800 value and apply it toward closing costs, renovations, an aggressive marketing strategy, or any other use they deem fit, providing flexibility and significant upside potential. This multi-tenant industrial flex building is constructed with durable steel and masonry brick, offering a secure, gated environment. It features 10'–15' clear ceiling heights, providing versatile space for various industrial uses. Fluorescent fixtures ensure efficient lighting throughout, while the property is equipped with 800A/3P heavy amperage, accommodating highpower demands for manufacturing or distribution.

Get in touch
Information courtesy of Le Investment Group is subject to verification and is not guaranteed.
Community / School Information