For Sale
$2,350,000

4559 Artesia BlvdLawndale, CA 90260

High-traffic, turnkey auto shop, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 3,000 square foot, fully operational auto repair shop in Lawndale, California. Located on Artesia Boulevard, this Class B property boasts a prime location on a signalized intersection with over 49,334 vehicles passing daily, offering superior visibility and ample signage opportunities, including a grandfathered pylon sign. The building features five repair bays, multiple hoists, air lines, oil dispensing reels, radiant heaters, and wall-mounted workbenches – a true turnkey operation. The 10-year absolute NNN lease with annual rent increases and a corporate guarantee provides exceptional security and predictable cash flow, generating a $150,000 annual net operating income (NOI) and a 6.38% cap rate. Situated on a 9,918 square foot lot (0.23 acres), the property benefits from its proximity to the South Bay Galleria, a major retail center with over 120 stores, and planned redevelopment into a mixed-use destination. The area's strong demographics, with 274,534 people within a 3-mile radius and an average household income of $99,090, further enhance the investment potential. The property's "Walker's Paradise" Walk Score of 93 underscores its convenient access to amenities. This fee-simple ownership offers a rare opportunity to acquire a well-established, high-performing auto repair shop in a thriving South Bay location. The property is zoned C3 and was built in 1978. The asking price is $2,350,000, representing a price per square foot of $783.33. The property's APN is 4081-025-030, 4081-025-031, & 4081-025-032.

Highlights

  • High-visibility location on a signalized intersection with 49,334+ vehicles per day (VPD), 90 feet of frontage on Artesia Blvd., and space for a large illuminated building sign.
  • Turnkey auto repair shop with five bays (one drive-thru), multiple hoists, and existing equipment.
  • Walk Score of 93 ("Walker's Paradise"), providing convenient access to the South Bay Galleria across the street.
  • Across the street from the South Bay Galleria, a large retail center with over 120 stores, and planned mixed-use redevelopment.
  • Strong demographics: 274,534 people within a 3-mile radius, average household income of $99,090.

Property Details for 4559 Artesia Blvd

Property type
Retail properties, Auto shops
Square Feet
3,000 SF
Class
B
Year Built
1978

Location Insight

City
Lawndale
County
Los Angeles
State
California
Latitude
33.872943606933
Longitude
-118.35703293695
4559 Artesia Blvd, Lawndale, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4559 Artesia Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message