11009 Burbank Boulevard 112 North Hollywood, CA $ 750,000
11009 Burbank Boulevard 112
$ 750,000
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11009 Burbank Boulevard 112

North Hollywood, CA, 91601
$ 750,000
Baths0.0

Monthly Estimate*

$ 5,239

Listed by Express Realty & Home Loans, INC.
11009 Burbank Boulevard 112, North Hollywood, CA 91601 - Image 1
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11009 Burbank Boulevard 112, North Hollywood, CA 91601 - Image 12
Studio

Commercial Property for sale in North Hollywood, CA

for $750,000.

This is a sale for a well-established and profitable banquet hall business located in North Hollywood. The business has a strong reputation for exceptional customer service and has built a loyal client base over the years. The hall boasts a spacious and elegant ballroom that can accommodate up to 200 guests, with an existing 5 year lease term. The hall features a dazzling, custom commissioned glass ceiling that spans an impressive 60 feet. With its high ceilings and lack of columns, the look of the hall combines contemporary sophistication with European elegance. This beautiful building has been fully renovated with custom draperies, state of the art lighting, custom moldings and columns, lighted dance floor, and immense sparkling chandeliers. The business partners with a valet company for customer/guest parking. The sale includes all fixtures, equipment, and inventory. The new owner will have the opportunity to continue to grow the business and take advantage of the high demand for event venues in the area. This is a turnkey opportunity for someone looking to enter the lucrative event industry or expand their current business. Don't miss out on the chance to own this impressive and profitable banquet hall business!

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Town/City

North Hollywood

County/Region

Los Angeles

MLS | Web ID

BB23124477

Days on Market

307

Features
General
Unit Number 112
Business Type Restaurant
Building Name Bellezza Banquet Hall
Business Name Bellezza Banquet Hall
County Los Angeles
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Burbank Blvd Vineland Ave.
City North Hollywood
View Y/N N
Senior Community Y/N N
MLS Area NHO - North Hollywood
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Burbank
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N Y
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 181
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Total Actual Rent 14000.0
Ownership Type Corporation
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Exterior
Spa N
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Boulevard
Electric On Property Y/N N
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Internal Only
Street Number 1 11009
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* Excluded Features
List By
Express Realty & Home Loans, Inc.

Broker

(818) 989-9994

Phone

Affordability Calculator

$5,239
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,239
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2023$750,000 -11.76% Price Down
7/12/2023$850,000 Listed Price

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11009 Burbank Boulevard 112, North Hollywood, CA, 91601 is a Commercial Property for sale at $750,000. 11009 Burbank Boulevard 112 is a studio with 0.0 baths. The property's zip code is 91601 which is in North Hollywood, CA