Listed By:
Melania Ghookazian with NextHome Grandview;
Address
7600 Balboa Blvd 109, Van Nuys, CA
Price
$ 180,000
Property Attributes
  • ID#GD24003106
  • TypeBusiness Op
  • CountyLOS ANGELES
  • CityVan Nuys
  • AreaVan Nuys
  • Zip91406
  • Style
  • Price$ 180,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
California Regional MLS (CRMLS)
Property Description

An exciting opportunity awaits you with this well-established Mediterranean restaurant located in the vibrant city of Van Nuys, California. Situated in a bustling shopping center near the Van Nuys Airport, this fully operational restaurant is a thriving business with a proven track record of profitability. This business is strategically positioned in a busy shopping center with well-known brands, ensuring a constant flow of potential customers. It is fully operational and equipped with all necessary appliances, making it a turnkey business for the next owner. The lease terms are flexible, offering convenience and adaptability. Meticulously maintained premises, reflecting a commitment to quality and professionalism. The property boasts plenty of parking space, ensuring ease of access for customers. Currently in operation and consistently generating profits, providing a solid foundation for continued success. Don't miss out on the chance to own a successful Mediterranean restaurant in a prime location. Take advantage of the flexible lease terms and step into a business that's already making a mark in the culinary scene. Current business name/brand is not being sold or transferred, just the business itself.

Price History
1/10/2024 Listed $195,000
2/23/2024 8% - $180,000

General Features

Exclusions See attached supplement
Unit Number 109
Business Type Restaurant
County Los Angeles
New Construction No
Property Type BusinessOpportunity
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Status Active
Directions Balboa and Saticoy
City Van Nuys
View Y/N No
Senior Community Y/N No
MLS Area VN - Van Nuys
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Balboa Blvd
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Leasable Area 2000.0
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 45
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Total Actual Rent 7300.0
Ownership Type LLC
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No
SeatingCapacity 32

Exterior Features

Total Parking 29.0
Inclusions See attached supplement
Spa No
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 91406

Price
AVG $180K
$180K
Visits
AVG 65
64
Data Provided by Inside Real Estate®

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