6120 Florence Avenue

    Bell Gardens, CA 90201
    • $1,299,999
    • STATUS: Active
    • ON SITE: 190 days
    • ID#: OC19077215
    $1,299,999
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $433
      $/SQFT

    School Ratings & Info

    Description

    Excellent Opportunity to Own or Develop In Prime Location on Florence in the heart of Bell Gardens! Zoned BGC4 Commercial with Automotive Usage Rights, This is a Flourishing and Successful Business for the last 20+ Years WITH a Real Estate Location with Prominent Street Frontage with Ample Traffic Count. Property can be accessed from both the front (on Florence Ave) and the rear alley. There is Plenty of Parking for more than over 10+ vehicles in the front section and 3 Full Service Service Bays with Lifts and 1 Industrial Larger Vehicle Lift with High Ceilings for proper clearance. Storage or could be converted to another service bay in the rear where the industrial washing machine and operating machine are. Front office and reception at the very front entrance of the building with storage and restroom with shower in the rear of the front wing. Additional storage upstairs. Autozone directly across the street on Florence Ave. Visible free standing signage on highly trafficked thoroughfare in Bell Gardens. Business Grosses $275K average annually. Location can be transformed to Tire Shop, Alternative Automotive Use, Retail, Office Space, Warehouse, and/or Several Development Options. Great Investment with existing business or transform in an established region. Full Detailed List of Features including Equipment, Inventory, and Annual Profit and Loss Statement attached.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/93597350

    6120 Florence Avenue Bell Gardens, CA 90201

    • Price: $1,299,999
    • Status: Active
    • ID#: OC19077215
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,000
    SQFT
    $433
    $/SQFT
    1977
    Built
    Neighborhood:
    T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    County:
    Los Angeles
    Area:
    T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    Property Description
    Excellent Opportunity to Own or Develop In Prime Location on Florence in the heart of Bell Gardens! Zoned BGC4 Commercial with Automotive Usage Rights, This is a Flourishing and Successful Business for the last 20+ Years WITH a Real Estate Location with Prominent Street Frontage with Ample Traffic Count. Property can be accessed from both the front (on Florence Ave) and the rear alley. There is Plenty of Parking for more than over 10+ vehicles in the front section and 3 Full Service Service Bays with Lifts and 1 Industrial Larger Vehicle Lift with High Ceilings for proper clearance. Storage or could be converted to another service bay in the rear where the industrial washing machine and operating machine are. Front office and reception at the very front entrance of the building with storage and restroom with shower in the rear of the front wing. Additional storage upstairs. Autozone directly across the street on Florence Ave. Visible free standing signage on highly trafficked thoroughfare in Bell Gardens. Business Grosses $275K average annually. Location can be transformed to Tire Shop, Alternative Automotive Use, Retail, Office Space, Warehouse, and/or Several Development Options. Great Investment with existing business or transform in an established region. Full Detailed List of Features including Equipment, Inventory, and Annual Profit and Loss Statement attached.
    Exterior Features

    Carport Spaces 4.00 Construction Materials BlockConcrete Entry Level 1 Fence YN Yes Fencing BlockSecurityWrought Iron Lot Features Rectangular LotLevelNear Public TransitPavedUtilities - OverheadValue In Land Lot Size Dimensions 59'X171'x50'x171' Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Topography Flat

    Interior Features

    Building Features Phone System Condo Area Units Square Feet Laundry Features Electric Dryer HookupIn GarageWasher Hookup

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class IndustrialRetail Building Area Units Square Feet Building Expenses 240.00 Building Status Existing Business Type Auto PartsAuto Repair-SpecialtyAuto Service Cap Rate 8.49 Country Us Current Use Comments Automotive Electric 220 Volts in Garage220 Volts in WorkshopStandard Electric Expense 4944.00 Expense Year 2018 Gross Scheduled Income 275000.00 Inclusions EquipmentTransmission Automotive BusinessInventoryAnd Operating Machinery Industrial Square Footage 3000 Industrial Type Warehouse/Office Insurance Expense 4720.00 Investment Property YN Yes Land Lease YN No Land Use IndustrialOtherRetail Laundry Income 0.00 Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Lot Dimensions Source Assessor Maintenance Expense 320.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 270000.00 Occupancy Occupied Operating Expense 159580.00 Other Expense 724.00 Other Income1 0.00 Personal Property Amount 2200 Property Sub Type Retail Real Estate Tax Expense 5792.00 Resident Manager Expense 134400.00 Retail Center Type Mixed Use Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemFire Sprinkler SystemSecurity SystemSmoke Detector(S)Wired For Alarm System Special Listing Conditions Standard Tax Annual Amount 5792.00 Tax Year 2018 Trash Expense 3120.00 Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 3120.00 Water Source Public Year Built Source Assessor Zoning Bgc4 - Commercial

    Listing provided courtesy of Justin Yee of Century 21 Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-19T00:36:24.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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    Temecula CA, 92592