Los Angeles Retail Store For Sale $1,090,000

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

Los Angeles Retail Store For Sale $1,595,000

Property Use Type:	Investment
Type:	Retail Street Retail
Building Size:	8,307 SF
Lot Size:	7,797 SF
Occupancy:	100.00%
Price:	$1,595,000
Price/SF:	$192.01
Cap Rate:	5.80%

Property Description: Offers an investor the opportunity to acquire a 7797 SF commercial building with huge income upside in the most desirable area of Los Angele, this property has been recently renovated and is well maintained. While enjoying a steady income from current tenants with a 5% annual increase on all leases, an investor could achieve a significantly stronger cash flow at the end of each lease. Currently rents in this area are approximately $1.60-1.90/SF NNN.

Financial Summary

Actual

Net Operating Income:

$92,510

Tenancy Type: Multiple

No Debt & Equity Information Provided

Los Angeles Retail Store For Sale $1,595,000

Property Use Type:	Investment
Type:	Retail Street Retail
Building Size:	8,307 SF
Lot Size:	7,797 SF
Occupancy:	100.00%
Price:	$1,595,000
Price/SF:	$192.01
Cap Rate:	5.80%

Los Angeles Retail Store For Sale $1,400,000

Property Use Type:	Vacant/Owner-User
Type:	Retail Street Retail
Building Size:	5,000 SF
Lot Size:	2,500 SF
Price:	$1,400,000
Price/SF:	$280.00

Property Description:
In the Heart of L.A. Wholesale Fashion District
Pefect for Owner User or Investor
Minutes to California Mart, Staple and Convention Center
Freight Elevator inside Building, Seller is motivated! Bring all reasonable offers!