For Sale
$950,000

6556 Western AveLos Angeles, CA 90047

Renovated auto shop, strong income, ideal location.

Overview

Added:
Dec 11, 2024
Days on market:
113
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
6556 Western Ave, Los Angeles, California

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6556 Western Ave
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