640 E Manchester Avenue, Los Angeles, CA 90001

$999,000

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List Price
$999,000
Price Change
▼ $51,000 1767062264
Status
ACTIVE
MLS#
PW25180032
Year Built
1959
Lot Size
8,801
Acres
0.20
Lot Location
0-1 Unit/Acre
Days on Market
294
Property Type
Commercial
Property Sub Type
Special Purpose

Property Description

Great income property for investors with 3 auto mechanic professional stores on property, one being an auto glass store, one is smog check shop, and 3rd is auto repair shop. All tenants are good long term tenants. Property also has a billboard ad that pays every month. Total income for all 3 shops and billboard is $4,350/month. Owner never raised tenants rent so new owner can sign new lease with tenants for much higher rent rates. Location is in prime location with tons of traffic. Property has never had vacancy. Don't miss out on this investment opportunity !

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: Anna Park (teamannapark@gmail.com) from Listing Office: Team Spirit Realty, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.