1404 Martin Luther King Jr Blvd - Service Station FOR SALE


Los Angeles, CA 90062- South Central LA
$5,990,000 USD
661-816-1141
1404 Martin Luther King Jr Blvd, Los Angeles, CA for Sale
$5,990,000 USD
Service Station - FOR SALE
1/2
null | Request Cap Rate

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1404 Martin Luther King Jr Blvd
Los Angeles, CA 90062
South Central LA


OVERVIEW

Independent Gas Station + Convenience Store + Real Estate Two (2) Enclosed Garage Bays noy in use included 1485 sqft Bldg, Lot size 10,656 APN#: 5021-001-042 LOCATION HIGHLIGHTS - Prime exposure on W. Martin Luther King Jr. Blvd - Dense surrounding residential & commercial trade area - Strong daily commuter traffic - Central Los Angeles high-demand corridor CURRENT OPERATIONS - Fuel Volume: ±105,000 gallons per month - Average Fuel Margin: ~$0.55/gallon - Market Sales: $50,000+ per month at 35% + Lotto - Active ABC Alcohol License - Average Monthly Gross Revenue: ±$74,000 REAL ESTATE FEATURES - Two (2) enclosed service bays for additional income - Potential conversion to Fuel Brand and receive incentive - High visibility corner-style parcel Please sign NDA and Provide proof of funds for more info!

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$4,587 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Usa Food Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C2-1

APN/PARCEL ID

5021-001-042

ASK ABOUT THIS PROPERTY

Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

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Houmehr Mike PanoussiLiberty Business AdvisorsMore Info
661-816-1141

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.