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$2,950,000
Est. payment /mo
5,174 Sqft Lot
UPDATED:
09/30/2024 06:41 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24398455
HOA Y/N No
Year Built 1923
Lot Size 5,174 Sqft
Property Description
The MOST adorable restaurant setting/event space on a parcel shared by a duplex. You get all of it! If you know Hollywood, you know Grub and Hollywood's Hidden House. The restaurant/event space is 1,500 square feet plus al fresco dining which almost doubles the usable seating space to a total of sixty-four. This building was formerly used as a duplex, too. The space includes an area for a commercial kitchen, prep, wash station, two bathrooms, inside and outside (covered) storage, wait station, and office. Entitlements in hand include: ABC 41 License for the sale of beer and wine, ABC 58 license for alcohol sales through catering, Public Health Permit, CUP (Conditional Use Permit) from the City of Los Angeles for operating a restaurant in a residential zone, CUP for beer and wine sales, and a Police Commission Permit. The duplex is a separate building comprised of one unit up ($3,500/month actual rent), one unit down ($2,595/month actual rent), two bedrooms/one bath each. Just down the street from Rao's Hollywood, Starbucks, Osteria and Pizzeria Mozza in the middle of the Hollywood Media District! Perfect setup for success. Whether you want to be the next Jackson Market and Deli, Marie et Cie, or have your own new and vibrant idea -- this is your opportunity! ***Do not enter property or contact owners or tenants. Entry is restricted and subject to strict scheduling. Residential units may be inspected upon accepted offer.***
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR2
Rooms
Ensuite Laundry Outside
Interior
Laundry Location Outside
Heating Central
Fireplace No
Laundry Outside
Exterior
Utilities Available Natural Gas Available
Total Parking Spaces 1
Building
Lot Description Corner Lot, Rectangular Lot
Story 2
Water Public
Others
Tax ID 5532015046
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Listed by Scott Campbell • Nourmand & Associates-HW