7600 Western Ave, Los Angeles, CA 90047
1,082 SF | Retail Building | Los Angeles, CA 90047 | $5,200,000 ($4,806/SF)
For Sale
Active
Asking Price $5,200,000
- Property Type
-
Retail
- Square Feet
- 1,082 SF
- Price / Square Foot
- $4,806
Listing Contacts
Houmehr Panoussi
Property Overview
Property Overview:
This is a prime opportunity to own a profitable Arco gas station and property in a highly trafficked area of Los Angeles.
Owner carry available with $2,000,000 down payment
Contract: Less than 6 years remaining on Arco contract
Infrastructure:
Underground tanks, piping, and pumps were replaced in 2017
Two tanks with 20,000 gallons each
One split tank: 8,000 gallons for diesel and 12,000 gallons for premium fuel
Property Size: Approximately 11,000 sqft
Building Size: Approximately 1,100 sqft
Financial Highlights:
Fuel Volume: 120,000 gallons + per month at $0.35 profit per gallon
Market Sales: $60,000 per month
Additional Income: $2,000 per month from billboard and ATM ($1,600 from ATM, $450 from billboard)
Operational Details:
Absentee Operated
Operating Hours: 5 AM to 11 PM
Potential Growth: Opportunity to increase revenue by adding lottery and beer/wine sales (new owner can apply for necessary licenses)
Next Steps:
To receive more detailed information, please provide:
A signed Non-Disclosure Agreement (NDA)
Proof of Funds
Please Note: Do not contact or speak to anyone at the location directly.
Capitalize on this exceptional investment opportunity in the heart of Los Angeles. Secure your future with a well-established business in a prime location.
This is a prime opportunity to own a profitable Arco gas station and property in a highly trafficked area of Los Angeles.
Owner carry available with $2,000,000 down payment
Contract: Less than 6 years remaining on Arco contract
Infrastructure:
Underground tanks, piping, and pumps were replaced in 2017
Two tanks with 20,000 gallons each
One split tank: 8,000 gallons for diesel and 12,000 gallons for premium fuel
Property Size: Approximately 11,000 sqft
Building Size: Approximately 1,100 sqft
Financial Highlights:
Fuel Volume: 120,000 gallons + per month at $0.35 profit per gallon
Market Sales: $60,000 per month
Additional Income: $2,000 per month from billboard and ATM ($1,600 from ATM, $450 from billboard)
Operational Details:
Absentee Operated
Operating Hours: 5 AM to 11 PM
Potential Growth: Opportunity to increase revenue by adding lottery and beer/wine sales (new owner can apply for necessary licenses)
Next Steps:
To receive more detailed information, please provide:
A signed Non-Disclosure Agreement (NDA)
Proof of Funds
Please Note: Do not contact or speak to anyone at the location directly.
Capitalize on this exceptional investment opportunity in the heart of Los Angeles. Secure your future with a well-established business in a prime location.
Property Details
- Class
- B
- Year Built
- 1998
- Stories
- 1
- Property Subtype
- Service, Vehicle Related, Storefront
- Lot Size (sq. ft)
- 10,454 SF
Highlights
- Heavy Traffic
- Free Standing Corner
Nearby Properties
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