Auto Repair Shop / Auto Body Shop Opportunity | 1629 W 8th St
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Auto Repair Shop / Auto Body Shop Opportunity 1629 W 8th St
1,164 SF Retail Building Los Angeles, CA 90017 $3,047,453 CAD ($2,618 CAD/SF)
Investment Highlights
- Excellent visibility and significant frontage on the bustling 8th Street.
- Fantastic area demographics - Near Downtown Los Angeles
- Large office space
- Great accessibility with direct access to the 110 and 10 Freeways.
- Current month to month tenancy (The property can be delivered as vacant property) Ideal Owner-User building with tremendous visibility
- Development potential in the metropolitan are of downtown Los Angeles.
Executive Summary
Prime Properties & Associates is pleased to offer a unique opportunity to acquire a rare auto repair and body shop property situated in the vibrant heart of Los Angeles. This property, located on 8th Street just a block west of Lucas Street and in proximity to downtown, boasts excellent visibility and accessibility, making it an attractive choice for auto repair business owners and entrepreneurs, especially those looking to set up a spray booth operation, as the seller possesses a city permit for construction on the premises. Its strategic location near the 110 and 10 freeways provides outstanding connectivity. The property features significant frontage on the bustling 8th Street and currently has a month-to-month tenant operating an auto repair shop. It comprises a freestanding structure with auto repair bays and office space. The seller is committed to delivering the site vacant for the new owner, presenting considerable development potential in the downtown Los Angeles metropolitan area.
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
1,164 SF
Building Class
C
Year Built
1932
Price
$3,047,453 CAD
Price Per SF
$2,618 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Land Acres
0.16 AC
Zoning
LAC2-1 - LAC2 zone - 150 Ft. of great frontage on 8th St.
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (87)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5142-016-022 | Improvements Assessment | $150,161 CAD |
| Land Assessment | $2,252,430 CAD | Total Assessment | $2,402,591 CAD |
PROPERTY TAXES
Parcel Number
5142-016-022
Land Assessment
$2,252,430 CAD
Improvements Assessment
$150,161 CAD
Total Assessment
$2,402,591 CAD
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Thomas Lee -
Prime Properties & Associates
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Auto Repair Shop / Auto Body Shop Opportunity | 1629 W 8th St
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