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Chevron 449 W Imperial Hwy

1,008 SF Retail Building Los Angeles, CA 90061 $6,995,000 ($6,939/SF) 10.79% Cap Rate

Investment Highlights

  • Confidential Sale Notice: Please do NOT speak with employees, ownership or vendors.
  • Los Angeles to host 2028 Summer Olympics, 2026 FIFA World Cup & 2027 Super Bowl!
  • Traffic Counts in Excess of 64,000 CPD (Esri)
  • 100% Absentee Run Business Operation
  • 3 Year Average Business Net Income: $755,000 +/-

Executive Summary

Exclusively listed by The Gas Broker™: Chevron gas station and ExtraMile convenience store strategically located at the intersection of Imperial Highway and Figueroa Street in Los Angeles, CA (approximately 64,000 CPD). Positioned between CA 110 and CA 105 Freeways, the property benefits from exceptional visibility and high traffic volumes.
The sale encompasses both the operational business and the underlying real estate. Detailed sales information is available in the brochure below. For further inquiries, please contact The Gas Broker. Please note, a Non-Disclosure Agreement is required for additional details. No Broker Co-op Commission on this sale, Buyer to pay Buy-side fee.

Attachments

Chevron Brochure

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
1,008 SF
Building Class
C
Year Built/Renovated
2004/2021
Price
$6,995,000
Price Per SF
$6,939
Cap Rate
10.79%
NOI
$755,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.26 AC
Zoning
LAC2
Frontage
120 FT on Imperial Hwy

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Storage Space
  • Monument Signage
  • Air Conditioning
Transit Score ®
Excellent Transit (71)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6075-027-031
Land Assessment
$141,968
Improvements Assessment
$323,312
Total Assessment
$465,280
  • Listing ID: 32494944

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 449 W Imperial Hwy, Los Angeles, CA 90061

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