76 Gas Station | 3774 S Western Ave
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76 Gas Station 3774 S Western Ave
2,490 SF Retail Building Los Angeles, CA 90018 $7,800,000 ($3,133/SF)
Investment Highlights
- Property is Currently Being Operated as a 76 Service Station with 8 Pumps Providing Access to +/-60K Gallons/Mo
- Brand New C-Store – Construction Completed 2020 / Average $65K/Mo in Revenue
- Long Term Development Play
- Anchored by Krispy Krunchy Chicken ($180K/Trailing 12 months)
- Double Wall Tanks – SB989 Compliant
- High Traffic Counts – 34,521 Western Avenue, 22,130 Exposition Blvd
Executive Summary
Kidder Mathews exclusively presents for sale 3774 S Western Ave, a 76 gas station primely situated on Exposition Blvd and S Western Ave, located less than a mile west of USC.
This is a rare opportunity to acquire prime real estate and a Circle K gas station business opportunity in the Exposition Park submarket of Los Angeles. This 15,731 square foot parcel of land is situated next to the Expo/Western Metro Station, with tremendous foot and vehicle intersection traffic. The existing improvements were newly erected in 2020 which features a brand-new Circle K branded store, along with 8 pumps, and double wall tanks. The current ownership has been operating the business for two generations and recently became a franchisee of Krispy Krunchy Chicken. This new endeavor produced a lucrative supplemental income stream over $200K last fiscal year.
The offering price includes both the businesses and real estate which could be financed with SBA or Conventional financing, valuations for business and real estate are negotiable to create a favorable financing for Buyer.
This is a rare opportunity to acquire prime real estate and a Circle K gas station business opportunity in the Exposition Park submarket of Los Angeles. This 15,731 square foot parcel of land is situated next to the Expo/Western Metro Station, with tremendous foot and vehicle intersection traffic. The existing improvements were newly erected in 2020 which features a brand-new Circle K branded store, along with 8 pumps, and double wall tanks. The current ownership has been operating the business for two generations and recently became a franchisee of Krispy Krunchy Chicken. This new endeavor produced a lucrative supplemental income stream over $200K last fiscal year.
The offering price includes both the businesses and real estate which could be financed with SBA or Conventional financing, valuations for business and real estate are negotiable to create a favorable financing for Buyer.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
2,490 SF
Building Class
C
Year Built/Renovated
1968/2020
Price
$7,800,000
Price Per SF
$3,133
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Land Acres
0.36 AC
Opportunity Zone
Yes
Zoning
C2-2D-CPIO
Parking
8 Spaces (3.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Metro/Subway
- Signalized Intersection
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
Parcel Number | 5036-008-035 | Improvements Assessment | $656,571 |
Land Assessment | $895,105 | Total Assessment | $1,551,676 |
PROPERTY TAXES
Parcel Number
5036-008-035
Land Assessment
$895,105
Improvements Assessment
$656,571
Total Assessment
$1,551,676
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76 Gas Station | 3774 S Western Ave
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