Market with Property in LA - Extra Rental Income

Los Angeles, CA (Los Angeles County)

Market with Property in LA - Extra Rental Income

Asking Price:$1,050,000

Cash Flow:$138,000

Gross Revenue:$420,000




Real Estate:N/A


*not included in asking price.

Market with Property in LA - Extra Rental Income

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Business Description

Same owner since 1989. $4,500 extra from rental income. Market consist of groceries, soda and deli. No EBT or lottery. High profit margin at 40%. Located on a busy street with plenty of parking. Open hours are very short at 8am-7pm. EZ operation. Busy corner. Owner wants to get some rest.

** Open 8am-7pm
** Has deli section for sandwiches, chicken and fries
** High profit margin at 40%
** Corner location with high traffic
** Short open hours
** No beer wine
** Same owner since 1989

** Property asking $920,000

Other tenants rent

** Recycling: $1,200
** Side business: $500
** Taco Truck at night: $800
** Cell Tower: $2,000

Total rent collected: $4,500 (not including market. Owner is using it)

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Corner location on a busy street
No competition
Support & Training:
Seller will train
Reason for Selling:
Same owner since 1989

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Jack Oh

Business Listed By:
Jack Oh

Power Realty & Investments

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