4808 Melrose Avenue,Los Angeles, CA 90029
Los Angeles, CA 90029
Description
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.
Details
| MLS # | AR26104803 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 109 |
| Listing Provided By | CBD Investment Inc T.C. | Sitong Liu |
Features
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | 699 Not Defined |
| Listing VS Median (in 90029) | |
Price: $80,000 low | high Med: $1,774,500 On site: 109 low | high Med: 11 | |
Market Activity 90029
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | 699 Not Defined |
| Listing VS Median (in 90029) | |
Price: $80,000 low | high Med: $1,774,500 On site: 109 low | high Med: 11 | |
