$280,000
( )
 $1,503 forsale estimated payment Sourced by Back At You

4730 Eagle Rock Boulevard , Los Angeles, CA 90041

Los Angeles, CA 90041

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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.

Details

MlsGD24133181
Listing TypeFor Sale
SubtypeResale
StatusActive
Year1963
Days On Site147
Listing Provided ByColdwell Banker Hallmark 818-476-3000 | Harout Aloyan

Features

Acreage0.27
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 4 minutes ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90041
Area618 Eagle Rock
Listing VS Median (in 90041)
Price:
$280,000
low | high
Med:
$1,499,000
100% of Average
On Site:
147
low | high
Med:
76.000000
100% of Average
Sourced by Back At You
Listing Updated: December 5, 2024 at 9:47:10 PM PST
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