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Realestate, Rental & Leasing

Upside Market RE Chevron Existing Tenants!

East Los Angeles, CA, USA
Listed 45 days ago
Established 1963 [Remodeled Late 2012]

Confidential Private Sale! Gas Station Business Available Separately For $549,469! Exceptionally Clean Property! Five Stars Reviews – The Nicest Station! Totally Remodeled Inside Out! Bathroom Is Extravagantly Upgraded! One Of A Kind Property! Has Multiple Tenants On Site – Chevron & Automotive! Lot Size About 28,145 Square Feet! Building Size About 4,404 Square Feet! Built-In Convenience Store! Has Four Dispensers And 8 Fuel Pumps! Automotive Center Has 5 Bays! Price Including This Auto Repair Garage! Very Large Size Mechanic Shop! Has Planned To Convert Bays Into 5 Individual Retail Space! Total Rental Income $15,000 Monthly! Mechanic Shop Is Month-To-Month Tenancy! Gas Station Has Four Years Lease Remain With 5 Years Option! You Will Become The Land Owner With Existing Tenants! You Will Also Own the Auto Garage Business! Owner Will Carry 30% Down Payment With Prime +2%! Balloon Payment For 5 Years! Be The First One To Submit Your Offer! High CAP Rate 9.60%! This One Will NOT Last Long!

Ad#

1074045

Cap Rate

9.6%

Employees

12

Annual Net

$192,000 [Estimated]

Reason for Selling

Developer Sale

Financials

Asking Price
$3.7M
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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