6230 Franklin AveLos Angeles, CA 90028

This exceptional investment opportunity presents a thriving Mobil gas station located at 6230 Franklin Ave, Los Angeles, CA 90028. The 1,800 square foot property, built in 1966, sits on a 0.38-acre lot and boasts a 100% occupancy rate. Generating close to $1.4 million in net annual income, this asset offers a strong 7.90% cap rate and a price per square foot of $4,888.83. The asking price is $8,799,900. The property features four gas pumps and benefits from a high-traffic location on a signalized corner with over 43,000 cars passing daily, situated conveniently at the 101 Freeway on/off ramp. Beyond the immediate income from the gas station and accompanying C-Store and auto body shop, the property presents significant long-term development potential. The LAR4 zoning allows for a 6:1 FAR ratio with no height restrictions, presenting a unique opportunity for future expansion or redevelopment in this dynamic Los Angeles neighborhood. This is a rare chance to acquire a high-performing asset with both immediate returns and substantial future growth potential. The property's strong financials and prime location make it an ideal addition to any investment portfolio.