Satsuma Flex Industrial & Warehouse
Type: Industrial
5524-5536 Satsuma Avenue North Hollywood, CA 91601

Total Number of Units: 21
Year Built: 1929
Sale Price: $8,356,400
Price per Unit: $397,924
Price per Square Foot: $635.76
CAP Rate: 5.49%
GRM: 10.95
Downpayment: $4,178,200
Net Operating Income: $458,394
Rentable Square Feet: 13,144
Lot Size: 0.470
Unit Type
Occupied Kitchen
Vacant Kitchen
Warehouse
Flex Industrial
No. of Units
10
9
1
1
Le Investment Group is proud to present 5524-5536 Satsuma Avenue. This Flex Industrial and Warehouse property 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 prep 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.