Property Listing No Longer Available for Sale

3501 W. Washington Blvd., Los Angeles, CA

Retail for Sale - $2,395,000 - 7,522 Sq. Ft. on 0.46 acres


Property Info

CIMLS#856245
Location
  3501 W. Washington Blvd.
  Los Angeles CA 90018
UpdatedAugust 23rd, 2016
TypeRetail
Price$2,395,000
Building7,522 Sq. Ft.
Land0.46 acres

Property Description

The subject offering is located on approximately 20,000 sq ft of land with improvements totaling over 7,500 sq ft.

The property consists of a body shop and a transmission shop, which has been at this location for almost 60 years!!!

The body shop business is owned by the landlord and is for sale with the real estate for an additional $295,000. The body shop has 3 bays and has a spray booth.

The transmission shop has 6 bays and multiple inside work areas. The entire property was updated in 2007 with new electrical, new plumbing and new roof.

This offering will attract an investor with a tenant in mind or an owner/user who would like to take advantage of the property's excellent location.

Location Description:

It is located at the northwest corner of 5th Ave and West Washington Blvd in the area considered Koreatown adjacent.

The property offers excellent exposure due to its corner location. It is just east of the major signalized intersection of Crenshaw and Washington Blvd. and just north of the 10 FWY, thus offering excellent freeway access.

The immediate area benefits from excellent car traffic counts and dense demographics; offering over 58,000 people residing within a one mile radius and over 550,000 people residing within a 3 mile radius.

* Email for additional photos


Financials


Similar Listings