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ActivePrice Reduced 26 days on market

4808 Melrose Avenue

Los Angeles, CA 90029

$80,000

$108,000

4808 Melrose Avenue
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+23 more
Beds
Baths
Sq Ft

About This Home

The Opportunity Secure a high-performing, turnkey asset in the heart of the Melrose Hill/East Hollywood renaissance. Bamboo Chinese Cuisine is a high-efficiency delivery and takeout powerhouse that has become a neighborhood staple. With recent monthly gross sales reaching up to $94,000, this business offers immediate, proven cash flow with massive untapped potential for a new owner to scale. Strategic Location Advantages Located on a high-visibility stretch of Melrose Avenue, this property sits in a "Sweet Spot" of Los Angeles real estate: The "Parking Gold Mine": In a neighborhood where street parking is notoriously difficult, this location includes a dedicated private parking lot. This is a critical competitive advantage for seamless delivery driver turnover and future dine-in guests. High-Growth Corridor: Positioned between the trendy West Hollywood Design District and the rapidly appreciating Melrose Hill, the area is seeing a surge in art galleries and "destination" dining, bringing a high-spending demographic to your doorstep. Operational Flexibility: While currently optimized for high-volume takeout (averaging 1,700+ orders/month), the facility features an underutilized front-of-house. New ownership can immediately increase revenue by activating dine-in service. Late-Night Potential: The business is permitted to operate until 2:00 AM daily, allowing you to capture the lucrative late-night market that many competitors in the area miss. Proven Performance The numbers speak for themselves. Recent sales summaries demonstrate consistent, high-volume demand: December Gross Sales: $94,680.63 January Gross Sales: $76,101.49 February Gross Sales: $76,591.94 Investment Highlights Infrastructure: Fully equipped kitchen designed for speed and volume. Accessibility: Excellent walkability and proximity to major transit, attracting foot traffic from nearby studios (Paramount) and new mixed-use developments. Synergy: Benefit from the Design District Streetscape improvements, which are bringing new landscaping and pedestrian-friendly infrastructure to this exact block.

Property Details

Property TypeBusinessOpportunity
PoolNo
MLS #1160008722
Days on Market26 days

Location

Listed by

Sitong Liu

CBD Investment Inc T.C.

MLS# AR43335

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.