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$7,950,000
Est. payment /mo
0.61 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25581047
HOA Y/N No
Year Built 1986
Lot Size 0.608 Acres
Property Description
Rare opportunity to acquire a high-performing Mobil gas station with market and vacant auto bays on a large 26,485 SF corner lot in the rapidly growing West Adams corridor. 6 MPDs pumping approx. 45,000 gallons/month with strong margins ($0.50$0.60/gal). Market averages $30,000/mo (not including lottery). Oversized lot offers excellent visibility and traffic counts of ~30,000 cars/day. Vacant mechanic bays provide immediate upside to lease or operate. CUP in place for potential car wash adds redevelopment flexibility. Priced at $7,950,000, this property is ideal for investors or owner-operators seeking a trophy asset with multiple income streams and significant future upside.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAC2
Interior
Fireplace No
Building
Story 1
Others
Tax ID 5051007021
Special Listing Condition Standard
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Listed by Benjamin Lalezari Realty Investment Advisors, Inc.