250 S Atlantic Blvd
1,771 SF Retail Building Los Angeles, CA 90022 $4,200,000 ($2,371.54/SF)
INVESTMENT HIGHLIGHTS
- In the heart of East Los Angeles
- The C-Store sells Lotto
- Business is being offered at $2,400,000
- There are 3 tanks underground double walled tanks, 10K/each
- There is a beer and wine license
- There is an existing 10-year contract, ending in 2034
EXECUTIVE SUMMARY
Discover an exceptional commercial and business opportunity in the heart of East Los Angeles! This highly visible Chevron Gas Station is perfectly situated on a bustling corner lot, attracting consistent traffic from both commuters and the surrounding community. Included with this property is a thriving ExtraMile convenience store, offering a wide range of products and services such as an ATM, a Bitcoin machine, and a lottery station. The convenience store also features a beer and wine license, ample display cases, and extensive beverage refrigerators.
This sale combines the commercial lot and the business, encompassing two APNs with a total of 15,633 square feet of premium space. Its prime location near East Los Angeles College ensures a steady flow of customers from the area’s dynamic mix of students, residents, and professionals.
This property must be purchased alongside the business listing, MLS# SR24250907. Don’t miss this incredible opportunity to own a thriving business in one of East LA’s most sought-after locations. Contact us today for more details or to schedule a private t
This sale combines the commercial lot and the business, encompassing two APNs with a total of 15,633 square feet of premium space. Its prime location near East Los Angeles College ensures a steady flow of customers from the area’s dynamic mix of students, residents, and professionals.
This property must be purchased alongside the business listing, MLS# SR24250907. Don’t miss this incredible opportunity to own a thriving business in one of East LA’s most sought-after locations. Contact us today for more details or to schedule a private t
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
1,771 SF
Building Class
C
Year Built
1970
Price
$4,200,000
Price Per SF
$2,371.54
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.36 AC
Zoning
LCC3* - Limited Commercial Zone
Parking
7 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
144’ on South Atlantic Boulevard
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $824,795 | |
| Land Assessment | $586,007 | Total Assessment | $1,410,802 |
