4730 Eagle Rock Boulevard

Los Angeles, CA 90041
$280,000
0.27 acres | #GD24133181
Courtesy of Coldwell Banker Hallmark

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.
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  • Property Details
    • Measurements
      • Acres:0.2746
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1963
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$280, 000
  • Other
    • Source
      • MLS #:GD24133181

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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