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.