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Listed by Harout Aloyan • Coldwell Banker Hallmark
$ 280,000
Est. payment /mo
Active
4730 Eagle Rock Boulevard Los Angeles, CA 90041
0.27 Acres Lot
UPDATED:
11/18/2024 04:07 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD-24133181
Year Built 1963
Lot Size 0.275 Acres
Property Description
Offering a unique opportunity, this established hookah lounge spans across three distinguished addresses, and is equipped with essential permits including public health, restaurant, and tobacco licensing. Benefit from a rare grandfathered exception for shisha/hookah services, ensuring compliance and longevity in operation. The primary location at 4730 Eagle Rock Blvd features a spacious 3,700 sq ft venue with a manageable rent of $4,867 per month. Adjacent at 4732-4734 Eagle Rock Blvd, a charming cafe with an office space is included, leased at $3,245 per month, with a favorable lease renewal option spanning 3-6 years for qualified lessees. Operational efficiency is maintained with minimal staffing, currently supported by one part-time employee. Operating hours cater to evening crowds, open Sunday through Thursday from 5 PM to 12 AM, and extended hours until 1 AM on Fridays and Saturdays. Parking convenience is ensured with 12 spaces available, including 6 designated in the front and an additional 6 secured within a private gated area at the rear. Don't miss this exceptional opportunity to acquire a thriving business with multiple revenue streams and strategic leases in place.
Location
State CA
County Los Angeles