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6230 Franklin Ave
Los Angeles, CA 90028
Retail Property For Sale
Executive Summary
Extraordinary investment opportunity at 6230 Franklin Ave, Los Angeles, CA 90028. This remarkable property boasts a Hollywood Mobil Gas Station with a thriving business, including eight gas pumps and four diesel pumps, situated on a signalized hard corner with over 43,000 cars passing by daily. With close to $1.4 million net income, this property offers a consistent revenue stream from the C-Store and auto body shop sales. The strategic location at the on & off ramp of the 101 Freeway presents excellent development potential, featuring TOC Tier 3 Zoning and no height restrictions, along with a 6:1 FAR ratio. Don't miss out on this pride of ownership asset offering both immediate returns and long-term growth possibilities in one of Los Angeles' most dynamic neighborhoods. Reach out now to seize this rare opportunity at 6230 Franklin Ave!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
C
Year Built
1966
Price
$8,499,900
Price Per SF
$4,722.17
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.38 AC
Zoning
LAR4 - TOC Tier 3
Parking
10 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 5586-024-010 | Improvements Assessment | $183,872 |
| Land Assessment | $1,513,933 | Total Assessment | $1,697,805 |
Property Taxes
Parcel Number
5586-024-010
Land Assessment
$1,513,933
Improvements Assessment
$183,872
Total Assessment
$1,697,805
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