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Market + Property in Los Angeles Ad#M335

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Los Angeles, California

$1,295,000

Property Details

Beds0 Baths0 Garage0

Property Description

ANNUAL GROSS: $1,350,626

SIZE: 5,610 SF. BUILDING.

LOT SIZE: 6,878 SF.

BUILT: 1934

OPEN HOURS: 8AM-9PM

EMPLOYEES: 8 FT.

WAGE: $16,712/MO.

 

REASON FOR SELLING: OWNER IS RETIRING.

EXTRA INCOME: $4,400 FROM LOTTERY AND ATM.

NOTE: EMPLOYEE RUN STORE.

OWNER GOES TO THE STORE ONCE A MONTH.

LATINO NEIGHBORHOOD. HAS B/W LICENSE.

OWNER OPERATOR CAN SAVE ON MANAGER’S SALARY.

GREAT OPPORTUNITY TO OWN YOUR BUSINESS

WITH THE PROPERTY.

SBA LOAN WITH 20% DOWN.

$840 RENTAL INCOME FROM STUDIO IN THE BACK.

 

NET INCOME: $17,821 (Before Mortgage)

ASKING PRICE: $1,295,000+INV.

 

Property Type Business

Property Status: For Sale

Property Features

Location

Los Angeles, California

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