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Real Estate Listing at Properties from The Knight Group LA

Properties

The Knight Group LA

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$6,756,400
2 Days On Site

5536 Satsuma Avenue
North Hollywood, CA 91601

For Sale|Industrial|Active
0
Beds
0
Total Baths
13,144
SqFt
$514
/SqFt
1929
Built
County:
Los Angeles
Listed by ALBERT LE of LE INVESTMENT GROUP albert.le@leinvestmentgroup.com
Call Now: 503.200.4823
Is this the listing for you? We can help make it yours.
503.200.4823
Upcoming Open Houses
Fri, Aug 8, 12:00 PM – 12:00 PM
5536 Satsuma Avenue5536 Satsuma Avenue5536 Satsuma Avenue5536 Satsuma Avenue
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Monthly Payment (Est.)

$30,825
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

5524-5536 Satsuma Ave features a total of 10,822 square feet of rentable space, including a 1,400-square-foot warehouse, a 2,430-square-foot flex unit, and 19 ghost kitchen units totaling 6,992 square feet. The property is designed to support a range of industrial, creative, and culinary uses. Tenants benefit from ample parking, efficient access for deliveries, and a prime location in North Hollywood with proximity to major transportation routes and business services. The MR2-1VL zoning provides flexible use options and significant growth potential across various industries, making this a strategic opportunity for tenants seeking adaptable industrial space. This property offers an ideal opportunity for an owneruser with 8 available prep kitchens, commonly referred to as "ghost kitchens." The seller will cover the lease rate and utility reimbursements for all 8 kitchens for a full year following the close of escrow. Alternatively, the potential investor can opt to take the estimated $220,800 value and apply it toward closing costs, renovations, an aggressive marketing strategy, or any other use they deem fit, providing flexibility and significant upside potential. This multi-tenant industrial flex building is constructed with durable steel and masonry brick, offering a secure, gated environment. It features 10'–15' clear ceiling heights, providing versatile space for various industrial uses. Fluorescent fixtures ensure efficient lighting throughout, while the property is equipped with 800A/3P heavy amperage, accommodating highpower demands for manufacturing or distribution.

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Listing Snapshot
Price 
$6,756,400
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,144 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4719 Acres
Year Built 
1929
MLS® Number 
IV25146490
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Acres 
0.4719
Number Of Stories 
1
Property Sub Type 
Industrial
Special Circumstances 
Standard
SqFt Total 
13144
Water Source 
Public
Zoning 
MR2-1VL
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
None
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Exterior Features
Fencing 
Wrought Iron
Community Features
MLS Area 
NHO – North Hollywood
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This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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