Los Angeles, CA 90007,1631 Cordova ST
Los Angeles, CA 90007,1631 Cordova ST
Los Angeles, CA 90007,1631 Cordova ST
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$2,900,000
Est. payment /mo
6,716 Sqft Lot
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UPDATED:

12/21/2024 05:09 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24227502

HOA Y/N No

Year Built 1950

Lot Size 6,716 Sqft

Property Description

The property consists of 12 fully equipped kitchen spaces, each designed to accommodate various food preparation needs. Here's a breakdown of the kitchen occupancy:

5 kitchens are currently rented and operating.
3 kitchens have applications pending approval.
It's 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 property's 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 cooler
12-foot hood
3-compartment sink
Prep sink and hand sink
Stub-outs for up to 5 pieces of equipment under the hood
Ansul fire suppression system
The 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.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning Enterprise

Interior

Fireplace No

Laundry None

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 5075036031

Security Features Carbon Monoxide Detector(s),Fire Detection System,Firewall(s),Fire Rated Drywall,Fire Sprinkler System,Smoke Detector(s)

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Kacper Turek • Hit Home Realty • 949-500-0049

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LEON M. BORUNDA

+1(559) 779-6540

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