3341 Cahuenga Blvd W

3341 Cahuenga Blvd W , Los Angeles, California, 90068 | 3,519 sq.f | $ 2,500,000

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About This Restaurant

Investment Highlights

Executive Summary

3341 Cahuenga Boulevard presents an excellent opportunity for either an owner/user or investor seeking to acquire a recently renovated multi-use property inthe vicinity of Universal City.This two-story building, spanning 3,312 square feet, currently serves as asocial entertainment club. The property features a rooftop deck and a backpatio, adding an extra 2,000 square feet of usable space. The permitted rooftop deck isparticularly valuable in today?s market, given the high demand for outdoor areas.Recent extensive renovations include updates to infrastructure systems, such asnew plumbing, electrical, roof, and HVAC on both floors.Designed as a social entertainment club, the ground floor boasts raised floors,high ceilings, spacious rooms, excellent HVAC, fiber connectivity, and robustpower capabilities. The building?s flexible layout, ample outdoor spaces,and numerous corridors make it well-suited for various purposes, includingentertainment venues, lounges, retail spaces, or creative office use.Additionally, there are 45 parking spaces available across the street for lease by anew owner or tenant. Situated just one block east of Universal Studios Boulevard,the property offers easy access to the San Fernando Valley, Hollywood, andGreater Los Angeles. Its strategic location provides close proximity to theUniversal City/Studio City Metro Rail and convenient access to major commuter routes, including the 101 freeway.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Bar OfficeLoft Creative Space Storefront Retail/Office
  • Building Size    3,519
  • Building Class    C
  • Year Built/Renovated    1952/2020
  • Price    2,500,000
  • Price Per SF    710
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    1.01
  • Land Acres    0.08 AC

Amenities

  • Bus Line
  • Metro/Subway
  • Restaurant
  • Security System
  • Signage
  • Roof Terrace
  • Air Conditioning

Nearby Amenities & Transportation

Retail Starbucks
Retail La Fitness
Retail CorePower Yoga
Retail Hard Rock Cafe
Retail Buca Di Beppo
Retail Panda Express
Retail Johnny Rockets
Retail Margaritaville
Retail The Habit Burger Grill
Retail Bubba Gump Shrimp Co

Property Taxes

Parcel Number 2425-026-009 Improvements Assessment $1,501,081
Land Assessment $804,150 Total Assessment $2,305,231
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 3341 Cahuenga Blvd W , Los Angeles, California, 90068