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7868 & 7870 Western

Los Angeles , California 90047

Listing Type:
For Sale
Listing Price:
$399,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
Listing Status:
Active
Building Size:
2658 SqFt
Land Area:
5502.00 Acres

Description:

Great investment opportunity, Two separate APN number, sold together as a package $ 799,000, total lot size 5,502 sq ft, total structure 2,658 sq ft. 7868 is leased to a legal dispensary for $4000 NN, Tenant pays for property tax, insurance and all utilities including water. 7870 is vacant perfect for owner user. Tastefully remodeled. Huge space with office room and 2 bathrooms, Central AC. This property also comes with an structure in the back which includes 3 rooms, remodeled kitchen and storage ( not part of the building sqft). Buyer to verify all information, legality permits, zoning use etc. Both parcels share a parking apace in the back which could fit 3 cars, access from alley. properties sold AS IS. Great cash on cash with highest Cap Rate in the current market.
Two separate APN #
7868 Western occupied paying $48,000 Net income.
7870 Western Vacant potential rent $3000- $4000 monthly.
Great Cash on Cash
Cap rate of +- 9 % based on full occupancy
Easy minimum management

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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