4403 Figueroa St, Los Angeles, CA 90037
1,504 SF | Retail Building | Los Angeles, CA 90037 | $9,000,000 ($5,984/SF)
For Sale
Active
Asking Price $9,000,000
- Property Type
-
Retail
- Square Feet
- 1,504 SF
- Price / Square Foot
- $5,984
Listing Contacts
Jay Martinez
Jacqueline Moeller
Property Overview
Kidder Mathews exclusively presents for sale 4403 S Figueroa St., a gas station and car wash with development potential, one mile south of USC Campus. The property, currently a Shell station and has a Deed Restriction till April 2029 to a remain a Shell Gas Station which must have Notice in 2027 if operator wishes to continue such branding. It also features 12 pumps, double wall tanks, a convenience store, and self-service new car wash. It is situated on a signalized corner with excellent traffic counts on busy Figueroa St. The property is well-located and pumps roughly 180K gallons/month. Currently owner-occupied, prospective Buyers have the opportunity to purchase the existing business which is included in the sales price.
Property Details
- Class
- B
- Year Built/Renovated
- 1979/2022
- Stories
- 1
- Property Subtype
- Service
- Lot Size (sq. ft)
- 28,314 SF
Highlights
- Property is currently being operated as a Shell Service Station with 12 pumps providing access to ±180,000 gallons of gasoline/Month
- Signalized Corner (S Figueroa & W Vernon) on Major Thoroughfare (59,942 Vehicles Per Day)
- Renovated Car Wash – 2022 (new equipment) - +/- $270,000 Annual Gross
- Property Retail Store (no liquor) with gross revenue at ±$20,000/month + ATM/Nightly Food Truck +/- $4,400/month
- Seller Financing available at below market rates - 3 to 5 years
- Owner will provide architectural set of expansion plans as a Gas Station
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