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Listed by Richard Kim • Coldwell Banker Best Realty
$ 6,950,000
Est. payment /mo
Active Under Contract
Los Angeles, CA 90044
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW-25223669
Year Built 2018
Property Sub-Type Business
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Fee-simple real estate
Two recession-resistant operating businesses
Strong, verifiable cash flow
Long-term land value in Los Angeles
9.17% Cap Rate (very rare in LA)
$1.1M–$1.3M gross annual sales
Management-light, stable income
Newer construction (Built in 2018)
Recession-resistant businesses
Long-term hold with minimal risk
Upside through better management
Hands-on income growth
Two recession-resistant operating businesses
Strong, verifiable cash flow
Long-term land value in Los Angeles
9.17% Cap Rate (very rare in LA)
$1.1M–$1.3M gross annual sales
Management-light, stable income
Newer construction (Built in 2018)
Recession-resistant businesses
Long-term hold with minimal risk
Upside through better management
Hands-on income growth
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LCC3
Interior
Laundry Gas & Electric Dryer Hookup
Building
Lot Description 0-1 Unit/Acre