Interested In This Property?
Inglewood, California
$875,000Property Details
Property Description
MONTHLY GROSS: 38,000
STORE SIZE: 1,536 SF + SMALL STORAGE AREA
LOT SIZE: 3,052 SF.
BUILT: 1924 / MAJOR REMODEL IN 2011 / SPENT AROUND 250K.
EMPLOYEES: FAMILY BUSINESS / HUSBAND & WIFE AND SON.
EXTRA INCOME: $700 LOTTERY, ATM $200, $150 WATER MACHINE.
REASON FOR SELLING: SAME OWNER SINCE 2007. OWNER WANTS
TO TAKE A LONG VACATION.
NOTE: ONLY 2 BLOCKS AWAY FROM THE RAM’S STADIUM.
PROPERTY VALUES ARE GOING UP AROUND THE AREA.
OWNER IS EXPECTING TO DO MORE BUSINESS WITH MORE
MOTELS/HOTELS BEING BUILT AND GENERAL INCREASE
INCOME IN THE NEIGHBORHOOD.
MUST BE SOLD TOGETHER WITH BUSINESS + PROPERTY.
NET INCOME: $12,500/MO.
ASKING PRICE: $200,000+INV (BUSINESS)
PROPERTY: $675,000
Location
Inglewood, California
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