2829 N Broadway | Los Angeles, CA 90031
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2829 N Broadway
Los Angeles, CA 90031
Arco Am Pm · Retail Property For Sale
Investment Highlights
- Heavy walking area
- No competition on same corner
- All upgrades done and Buyer can walk in with zero money to spend on upgrade
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
2,200 SF
Building Class
B
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.37 AC
Zoning
C4 - LAC4 zoning
Parking
12 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
134 FT on Broadway
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
About 2829 N Broadway , Los Angeles, CA 90031
Buyer may have the opportunity to purchase the adjacent land and build a car wash. Store was remodeled 5 years ag and about 700 Sf was added to the store. All help run operation. Less than 9 years left on Arco Am/Pm contract. Buyer must get qualified by Arco. Buyer may buy all and close the real property escrow in 2 years when interest rates are going to be lower. Or, just purchase the Business for $2,900,000 with $28,000/mo. rent and a long-term lease.
PROPERTY TAXES
| Parcel Number | 5204-021-029 | Improvements Assessment | $410,000 |
| Land Assessment | $3,690,000 | Total Assessment | $4,100,000 |
PROPERTY TAXES
Parcel Number
5204-021-029
Land Assessment
$3,690,000
Improvements Assessment
$410,000
Total Assessment
$4,100,000
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