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1442 W Martin Luther King Jr Boulevard

Los Angeles (City), CA 90062
  • $69,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: DW21190597
$69,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Description

Huge opportunity and potential to operate a move-in ready restaurant. Must sell at this price and all will be included except the exclusions of: personal tools and flat grill. Goodwill of restaurant and location look great. Many local clients call daily to put food orders. Perfect location, very close to major sports complexes on a busy street. Very low rent at: $740 per month. No upcoming rent increases, currently in a month to month agreement. Has been there since 2016. Maximum occupancy seating of business is about: 24. Utilities is about: $230 per month. The licenses and permits are about: $1,350 per year. Owner opens Thursday through Sunday. Approximate value of machinery is about:$30,000. Approximate value of furniture, fixtures, and other equipment is about: $10,000. Owner operator works about 40 hours a week.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T00:25:08.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
www.marknazzalrealty.com/homes/120914828
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1442 W Martin Luther King Jr Boulevard Los Angeles (City), CA 90062

  • Price: $69,000
  • Status: Active
  • ID#: DW21190597
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Huge opportunity and potential to operate a move-in ready restaurant. Must sell at this price and all will be included except the exclusions of: personal tools and flat grill. Goodwill of restaurant and location look great. Many local clients call daily to put food orders. Perfect location, very close to major sports complexes on a busy street. Very low rent at: $740 per month. No upcoming rent increases, currently in a month to month agreement. Has been there since 2016. Maximum occupancy seating of business is about: 24. Utilities is about: $230 per month. The licenses and permits are about: $1,350 per year. Owner opens Thursday through Sunday. Approximate value of machinery is about:$30,000. Approximate value of furniture, fixtures, and other equipment is about: $10,000. Owner operator works about 40 hours a week.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Type Restaurant Exclusions Personal Tools And Flat iron Grill. Listing Agreement Exclusive Right To Sell Listing Service Full Service Total Actual Rent 740

Listing provided courtesy of Fernando Spindola of Excellence Real Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-25T00:25:08.347. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
 
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Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
1473 Ford St., Suite 200
Redlands CA, 92373