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:
Listed by:
Keller Williams Realty Westside
L.A. Westside
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