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250 S Atlantic Blvd

1,771 SF Retail Building Los Angeles, CA 90022 $4,200,000 ($2,372/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

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
1,771 SF
Building Class
C
Year Built
1970
Price
$4,200,000
Price Per SF
$2,372
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 FT on South Atlantic Boulevard

Amenities

  • Corner Lot
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Krispy Krunchy Chicken
Starbucks
Bank of America
Ralphs
Fit Body Boot Camp
Ono Hawaiian BBQ
Yoshinoya
California Bank & Trust
IHOP
The Coffee Bean & Tea Leaf

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5250-022-016
  • 5250-022-017
Land Assessment
$586,007
Improvements Assessment
$824,795
Total Assessment
$1,410,802
  • Listing ID: 31268686

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 250 S Atlantic Blvd, Los Angeles, CA 90022

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