For Sale
$950,000

6556 Western Ave Los Angeles, CA 90047

Renovated auto shop, strong income, ideal location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1,925-square-foot auto repair shop, situated on a secure, gated 8,216-square-foot corner lot in Los Angeles, CA (90047), presents a compelling investment opportunity. The property, renovated in 2020, boasts approximately 1,200 square feet of office space, two 20' x 10' grade-level doors, and ample gated parking. Currently leased month-to-month for $4,000 per month, the property offers immediate income potential for an owner-user or landlord. The building sits on a lot priced at approximately $115.63 per square foot. The property's C2-1VL-CPIO zoning and APN 6015-012-001 provide further details for potential investors and developers. The tenant pays all expenses except property taxes. This location offers a unique opportunity given the city's streamlined permitting process for affordable housing projects, potentially eliminating parking requirements. Note that the property is subject to a state grant for site remediation. Please do not disturb the tenant. This is a turnkey operation with a proven track record in a recession-resistant industry. The asking price is $950,000.

Highlights

  • List Price: $950,000
  • Building Size: ±1,925 SF
  • Office Space: ±1,200 SF
  • Lot Size: ±8,216 SF
  • Land Price Per Square Foot: $115.63
  • Grade Level Doors: Two (20' x 10')

Property Details for 6556 Western Ave

Property type
Retail properties, Auto shops
Square Feet
1,925 SF
Year Renovated
2020
Buildings
1
Stories
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9795308
Longitude
-118.3086913

FAQs

What type of property is this?
Retail property - Renovated auto shop, strong income, ideal location.
Where is the retail property located?
The property is located at 6556 Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: List Price: $950,000; Building Size: ±1,925 SF; Office Space: ±1,200 SF
How can I contact the broker?
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6556 Western Ave
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