Description

Confidential Private Sale.
Great Location In Los Angeles County.
Gas Station Business Available Separately For $549,469.
Recently Converted To Chevron Gas Station In Late 2012.
Former Union 76 Station.
Exceptionally Clean Property.
Five Stars Yelp Reviews - The Nicest Station.
Totally Remodeled Inside Out.
Bathroom Is Extravagantly Upgraded.
One Of A Kind Property.
Has Multiple Tenants On Site - Chevron & Automotive!
Lot Size About 28,145 Square Feet!
Building Size About 4,404 Square Feet!
Built-In Convenience Store!
Has Four Dispensers And 8 Fuel Pumps!
Automotive Center Has 5 Bays!
Very Large Size Mechanic Shop!
Has Planned To Convert Bays Into 5 Individual Retail Space!
Total Rental Income $15,000 Monthly!
Mechanic Shop Is Month-To-Month Tenancy!
Gas Station Has Four Years Lease Remain With 5 Years Option!
You Will Become The Land Owner With Existing Tenants!
Owner Will Carry 30% Down Payment With Prime +2%!
Balloon Payment For 5 Years!
Be The First One To Submit Your Offer!
High CAP Rate 9.60%!
This One Will NOT Last Long!

Location: East Los Angeles, CA
Asking Price: $2,688,549
Gas Station Business Available Separately For $549,469
Down: $630,000 [30%]
Annual Gross: Call Broker
Annual Net: $192,000 [Estimated]
Year Established: 1963 [Remodeled Late 2012]
Seller Finance: Prime +2% Balloon Payment x 5 Years
Rental Income: $15,000 Monthly
CAP Rate: 9.6%
Confidential Sale Opportunity.
Employees: 12
Reason For Sale: Personal Reasons

Posted Apr 22, 2015

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