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1629 W 8th Street, Los Angeles, CA

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1629 W 8th Street

Los Angeles, CA 90017-2107 - Greater Downtown Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1932
Building Size:1,164 SF Land Area:.16 AC (7,057 SF)
For Sale Price:$1,700,000 Price/SF:$1,460.48
Cap Rate:-
Parking:Free Surface spaces are available
Features:Bus Line
1,164 SF is available to occupy upon purchase.

Location Corner: NE

Property Description: Auto Repair/Service

Sale Notes:
* Specialized Mercedes Benz & BMW Auto Repair Shop for Sale in Metropolitan area of Los Angeles.

* Seller runs business for 20 years & very well established. * Business generates $20,000.00 net income per month & X-tra incomes from pay phone & vending machine.

* Number of customers coming from law firms & financial institutions on Figueroa St, apparel manufactures & assembles factories.

* Easy operations to running & great investment.

*The property assigned & combined with LA-C2 & R-2 zone. LA C2 includes C-3,C4,C5 & C6, almost everything are O.K to Build, Various business opportunities can be established such as a condominium project, convenient stores & restaurants & coin laundries. The Land is clean to go.

Phase one report is also available.

J & B Properties
Edward Jeong
(213) 999-8932

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