7008 Canby AveLos Angeles, CA 91335

This exceptional mixed-use investment property, located at 7008 Canby Ave, Los Angeles, CA 91335, presents a rare opportunity in the competitive Los Angeles market. The property consists of a 6,025 square foot building situated on a substantial 15,092 square foot lot, offering ample space for both indoor and outdoor operations. Currently operating as a thriving auto body shop and repair facility, the property boasts three tenants on month-to-month leases, generating a gross monthly rent of $7,545. The building is classified as Class C and features a large M1 yard and spray booth, ideal for automotive repair businesses. The asking price is $2,990,000, translating to a price per square foot of $496.27. This fee-simple ownership opportunity is categorized as an institutional investment, suitable for both owner-users and investors seeking a strong return. The property's 100% occupancy rate underscores its consistent profitability and desirability. This is a turnkey operation with significant potential for growth and expansion within the established automotive repair sector. The property's location in Los Angeles, within Los Angeles County, provides excellent access to a large customer base. This is a two-property portfolio, including an additional property at 18419 Hart St. (details not provided).