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Browse More Listings in Retail For Sale, Los Angeles, CA or California

Retail Property For Sale

501 W. El Segundo Blvd

501 W. El Segundo Blvd, Los Angeles, CA 90061

Price:
$1,210,000
Building Size:
1,568 SF
Price/SF:
$771.68
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Additional Sub-types:
Free Standing Bldg
Vehicle Related
Retail (Other)
Property Use Type:
Investment
Distressed:
Yes
Tenancy:
Multiple
Year Built:
1971
Lot Size:
21,387 SF
Find Out More...

Last Verified 11/16/2009 Listing ID 16426051

Highlights

Located on heavily trafficked corner of El Segundo & Figueroa
Just off the 110 FWY and close to the 105 Fwy
Excellent Visibility

Great opportunity for an owner-user or developer
7.28% Cap Rate investment upon sale-leaseback
Can be purchased alone or with 6720 N. Paramount Blvd, Long Beach

Description

City Commercial Properties/KW Commercial presents a 1,568 SF gas station built in 1971 with 3 auto bays on a 21,387 SF lot, priced at $1,210,000. There are 3 tanks. The two gas tanks are 10,000 gallons each and the diesel tank is 12,000 gallons. They each pump 5-8 gallons/minute. The property is well located on the heavily trafficked corner of El Segundo Blvd and Figueroa, just off the 110 freeway with easy access to the 105 freeway as well. The seller would like to leaseback the property after close of escrow, but will consider a traditional sale without a leaseback as well. This property is an excellent opportunity for an owner-user, developer. As an investment property it is a 7.28% Cap Rate investment upon sale-leaseback.

6720 N. Paramount Blvd, Long Beach is also for sale and can be purchased along with this property. 6720 N. Paramount is another well priced service station in an excellent location.

Located on the corner of El Segundo & Figueroa just off the 110 freeway

Map of 501 W. El Segundo Blvd, Los Angeles, CA 90061 (Los Angeles County)

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Presented by

City Commercial Properties

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Contact Listing Broker

Marcie Graham (310) 684-3955 Ext: 1

Darlene Johnson (310) 704-7530

Victoria Serrano (310) 684-3955

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Created 10/9/2009

Additional Information for 501 W El Segundo Boulevard, Los Angeles, CA 90061

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 501 W. El Segundo Blvd, Los Angeles, CA 90061

Nearby Retail properties for saleSearch all commercial real estate for sale

Business for Sale!
$85,000
985 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Street Retail
Sold 1Q 2006
Retail (Other)
Sold 2Q 2005
Restaurant
Sold 2Q 2005
Vehicle Related
Sold 1Q 2005
Free Standing Bldg
Sold 1Q 2004

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - 501 W. El Segundo Blvd

501 W. El Segundo Blvd, Los Angeles, CA, 90061