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11136 Magnolia BLVD North Hollywood, CA 91601
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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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Bought with General NONMEMBER • NONMEMBER MRML