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11136 Magnolia Boulevard

North Hollywood, CA 91601
  • $7,500,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 320007954
UPDATED: 13 min ago
$7,500,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1908
County:

School Ratings & Info

Listing provided courtesy of Artur Ambarachyan of National Properties

Description

Offered for sale is this newly constructed modern restaurant bar located in the heart of the NOHO Arts District. This sale is for the Business and Property, including all fixtures, licenses (type 47 liquor license), and intellectual rights. The restaurant bar known as THE RENEGADE'' designed by celebrated architectural firm, 7 DESIGNS + DEVELOPMENT, was completed in February of 2020 and was the former home of the infamous Renegade Theatre and Film Group. Now a modern casual restaurant with a full bar offering elevated architectural design, top of the line full kitchen, separate lounge bar, and private event room. The facility was designed to have the main floor operate daily as a restaurant and bar; while the 2nd floor, fully equipped to host different types of events such as comedy night, trivia night, open mic nights, private parties and etc. with a total number of 199 seats. Two floors with approximately 11 feet ceilings (floor to roof of 24 feet), 5 restrooms (totaling 6 lavatories, 9 toilets and 2 urinals), elevator, food lift, 2 full bars housing 24 beer taps each, walk-in cooler/freezer combination, 6 air conditioner compressors totaling 36 tons, high grade speaker system, surveillance, collapsible front windows, kitchen, private office, private event room, and entertainment stage. This turnkey complex has been professionally designed and meticulously built with no expenses Spared. See attached supporting documents

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T10:32:21.01. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/122144818
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11136 Magnolia Boulevard North Hollywood, CA 91601

  • Price: $7,500,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 13 min ago
  • ID#: 320007954
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1908
Built
Neighborhood:
NHO - North Hollywood
County:
Los Angeles
Area:
NHO - North Hollywood
Property Description
Offered for sale is this newly constructed modern restaurant bar located in the heart of the NOHO Arts District. This sale is for the Business and Property, including all fixtures, licenses (type 47 liquor license), and intellectual rights. The restaurant bar known as THE RENEGADE'' designed by celebrated architectural firm, 7 DESIGNS + DEVELOPMENT, was completed in February of 2020 and was the former home of the infamous Renegade Theatre and Film Group. Now a modern casual restaurant with a full bar offering elevated architectural design, top of the line full kitchen, separate lounge bar, and private event room. The facility was designed to have the main floor operate daily as a restaurant and bar; while the 2nd floor, fully equipped to host different types of events such as comedy night, trivia night, open mic nights, private parties and etc. with a total number of 199 seats. Two floors with approximately 11 feet ceilings (floor to roof of 24 feet), 5 restrooms (totaling 6 lavatories, 9 toilets and 2 urinals), elevator, food lift, 2 full bars housing 24 beer taps each, walk-in cooler/freezer combination, 6 air conditioner compressors totaling 36 tons, high grade speaker system, surveillance, collapsible front windows, kitchen, private office, private event room, and entertainment stage. This turnkey complex has been professionally designed and meticulously built with no expenses Spared. See attached supporting documents
Exterior Features

Entry Level 0 Open Parking Spaces 0 Parking Total 0 Sign On Property YN No

Property Features

Builder Name 7 Designs + Development And Meghrabian Builders Cap Rate 5.32 Garage YN No Insurance Expense 0 Listing Agreement Exclusive Right To Sell Listing Terms CashCash To New Loan Maintenance Expense 0 Net Operating Income 0 Operating Expense 0 Other Expense 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Zoning Lac4



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T10:32:21.01. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing provided courtesy of Artur Ambarachyan of National Properties