Service Station For Sale in Los Angeles California

Upside Market Real Estate Chevron Existing Tenants!

Advert Id: 52872
  • Location:Los Angeles, California
  • Category:Service Station
  • Asking Price:$2,310,000
  • 2310000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

Confidential Private Sale!

Great Location In Los Angeles County!

Recently Converted To Chevron Gas Station In Late 2012!

Former Union 76 Station!

Exceptionally Clean Property!

Five Stars Yelp 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!

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!

Owner Will Carry 30% Down Payment With Prime +2%!

Balloon Payment For 5 Years!

Rare Find - New Gas Station With Land!

Be The First One To Submit Your Offer!

High CAP Rate 9.60%!

This One Will NOT Last Long!

Location: East Los Angeles, CA

Asking Price: $2,310,000

Down: $630,000 [30%]

Year Established: 1963 [Remodeled Late 2012]

Seller Finance: Prime +2% Balloon Payment x 5 Years

Rental Income: $15,000 Monthly

CAP Rate: 9.6%

Real Estate: Included In This Sale

Tenants: Chevron + C-Store + Automotive

Employees: 12

Reason For Sale: Personal Reasons

  • Selling Assets: Real Estate For Sale.
  • Franchise: Chevron Gas Station Tenant.
  • Real Estate: Real Estate For Sale. You become the Landlord for existing gas station & Auto Center.
  • Competition: Great Investment Opportunity.
  • Expansion: Huge Potential For Mini Shopping Center Conversion!
  • Years Established: 2012
  • Employees: 12
  • Support Training: Seller will support during Escrow.
  • Reason For Selling: Personal Reasons
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