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1631 Cordova Street Los Angeles CA 90007 MLS #OC24227502

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.

Property Details

Price:
$3,400,000
MLS #:
OC24227502
Status:
Active
Baths:
0
Address:
1631 Cordova Street
Type:
Commercial
Subtype:
Business
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Nov 1, 2024
State:
CA
ZIP:
90007
Year Built:
1950

Schools

Interior

Exterior

Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Firewall(s), Smoke Detector(s)
Stories Total
1
Water Source
Public

Financial

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

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