North Hollywood, CA 91601,11136 Magnolia BLVD
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North Hollywood, CA 91601,11136 Magnolia BLVD
North Hollywood, CA 91601,11136 Magnolia BLVD
North Hollywood, CA 91601,11136 Magnolia BLVD
North Hollywood, CA 91601,11136 Magnolia BLVD

$6,000,000

Est. payment /mo

$6,000,000

Est.Price: ?

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11136 Magnolia BLVD North Hollywood, CA 91601

8,750 SqFt

SOLD DATE : 08/26/2022

Key Details

Sold Price $6,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 8,750 sqft

Price per Sqft $685

MLS Listing ID 320007954

Sold Date 08/26/22

HOA Y/N No

Year Built 1908

Lot Size 5,227 Sqft

Acres 0.12

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

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAC4

Interior

Fireplace No

Others

Tax ID 2353005013

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Private

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California Regional MLS (CRMLS)
Listed by Artur Ambarachyan • National Properties
Bought with General NONMEMBER • NONMEMBER MRML

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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