Satsuma Flex Industrial & Warehouse

Type: Industrial

5524-5536 Satsuma Avenue North Hollywood, CA 91601

Satsuma Flex Industrial & Warehouse

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.