125 E Florence Avenue, Los Angeles, CA 90003

$3,990,000

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List Price
$3,990,000
Status
ACTIVE
MLS#
26840077
Lot Size
29,185
Acres
0.67
Days on Market
61
Property Type
Land

Property Description

This offering includes a total of 6 parcels (APNs: 6011-007-040, 041, 042, 043, 053, and 054) with approximately 29,187 SF of land and 8,688 SF of buildings, including a 6,188 SF main building built in 1995 and a 2,500 SF second building built in 1986. The property has operated continuously for over 40 years and is a well-known, trusted name within the local automotive industry, with established relationships with repair shops and repeat customers. Located in a prime Los Angeles automotive corridor, the property offers an excellent opportunity for an owner-user, investor, or potential redevelopment buyer to continue the existing operation or reposition the site. The business and real estate are being offered together at $6 million, with the business and inventory estimated at over $4 million and the real estate valued $4 million separately.

Additional Information

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None
Attached Structure
Detached

Listing courtesy of Listing Agent: Dae Young Hur (LAnewHome@gmail.com) from Listing Office: Keller Williams Larchmont.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.