1009 Crenshaw Blvd | Los Angeles, CA 90019
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- LoopNet Team
1009 Crenshaw Blvd
Los Angeles, CA 90019
Eco Fuel · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Subject Property presents an exceptionally rare opportunity to purchase a gas station in urban Los Angeles/Koreatown neighborhood.
- Tenants and operators can take advantage of existing E85 Fueling Infrastructure Grant Programs to off-set new equipment, tank, and dispensing costs.
- The property is situated at the high traffic intersection of Olympic Blvd. and Crenshaw Blvd.
- The property is operating under a month-month lease, which is cancelable by either Landlord or Tenant with 30-day notice.
- With the month-month lease, investors can benefit from immediate potential to increase the rent to a market rate.
- There are currently ten (10) gas pumps on-site, allowing for many vehicles to access the property while simultaneously pumping fuel.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
240 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
0.40 AC
Zoning
LAC2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Frontage
PROPERTY TAXES
| Parcel Number | 5082-027-023 | Improvements Assessment | $0 |
| Land Assessment | $6,252,127 | Total Assessment | $6,252,127 |
PROPERTY TAXES
Parcel Number
5082-027-023
Land Assessment
$6,252,127
Improvements Assessment
$0
Total Assessment
$6,252,127
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