Property Use Type: | Investment |
Type: | Retail Vehicle Related |
Building Size: | 8,940 SF |
Lot Size: | 9,016 SF |
Occupancy: | 100.00% |
Price: | $1,090,000 |
Price/SF: | $121.92 |
Cap Rate: | 7.90% |
Year Built: | 1935 |
Property Description:
Huge price reduction. Owners are very much motivated to sell. Large commercial building in heart of Korea Town. It's investor's opportunity. Rent increases by CPI. Currently doing Auto Body shop business. Please do not disturb tenant.
Rare Investment Opportunity
Rent increase by CPI
Large building
NN Lease (Prop. tax and Insurance), but not charged to the tenant.
Financial Summary | Actual |
Year: | 2009 |
Scheduled Gross Income: | $85,896 |
Effective Gross Income: | $85,896 |
Net Operating Income: | $85,896 |
Major Tenant Information
Tenancy Type: Single |
Classic Collision Auto Body |
SF Occupied: 8,940 Lease Expires: 5/1/2013 |
No Debt & Equity Information Provided
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