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5524-5536 Satsuma Ave
North Hollywood, CA 91601
Krowd Kitchens · Industrial Property For Sale
Investment Highlights
- Comprised of 21 units with a mix of ghost kitchens and warehouse space
- 19 ghost kitchens totaling 6,992 SF, catering to the booming food delivery market and supporting diverse culinary operations
- Offers diverse business operation for catering, food production, or storage
- A unique and flexible space that can be adapted for industrial, creative or office operations
- Currently generating annual scheduled rent income of $751,140 with upside potential through lease-up
- Property is approved for cannabis cultivation
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Food Processing | Year Built/Renovated | 1929/2022 |
| Building Class | B | Parking Ratio | 2/1,000 SF |
| Lot Size | 0.47 AC | Clear Ceiling Height | 15’ |
| Rentable Building Area | 13,144 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | MR2-1VL - The MR2-1VL zoning in designates restricted light industrial use, limiting non-industrial activities. Approved for cannabis cultivation | ||
| Property Type | Industrial |
| Property Subtype | Food Processing |
| Building Class | B |
| Lot Size | 0.47 AC |
| Rentable Building Area | 13,144 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1929/2022 |
| Parking Ratio | 2/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | MR2-1VL - The MR2-1VL zoning in designates restricted light industrial use, limiting non-industrial activities. Approved for cannabis cultivation |
Amenities
- 24 Hour Access
- Fenced Lot
- Property Manager on Site
- Security System
- Storage Space
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Water
- Sewer
Property Taxes
| Parcel Number | 2416-014-005 | Improvements Assessment | $153,227 |
| Land Assessment | $888,746 | Total Assessment | $1,041,973 |
Property Taxes
Parcel Number
2416-014-005
Land Assessment
$888,746
Improvements Assessment
$153,227
Total Assessment
$1,041,973
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