1644 W Washington, Los Angeles, CA 90007

$6,000,000

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List Price
$6,000,000
Status
ACTIVE
MLS#
DW26239211
Year Built
1956
Lot Size
11,937
Acres
0.27
Lot Location
0-1 Unit/Acre
Days on Market
7
Property Type
Commercial
Property Sub Type
Retail

Property Description

EXCEPTIONAL COMMERCIAL INVESTMENT OPPORTUNITY IN LOS ANGELES! 1644 W. Washington Blvd, Los Angeles, CA 90007 INCOME-PRODUCING PROPERTY | PRIME LOS ANGELES LOCATION | OUTSTANDING INVESTMENT POTENTIAL Discover an exceptional opportunity to acquire a unique commercial property in the heart of Los Angeles, offering an attractive combination of existing income, substantial building space, and exciting possibilities for future growth. This versatile property currently accommodates approximately 20 food trucks, generating nearly $30,000 in monthly income, representing approximately $360,000 in potential annual gross revenue at that income level. The property also features an approximately 9,520-square-foot commercial building, formerly operated as a supermarket, offering substantial space for a variety of potential commercial uses. PROPERTY HIGHLIGHTS Prime Los Angeles Location: Situated at 1644 W. Washington Blvd, with convenient access to major commercial corridors. Established Income Stream: Nearly $30,000 in reported monthly revenue from the existing operation. Food Truck Parking: Space accommodating approximately 20 mobile food vendors. Substantial Commercial Building: Approximately 9,520 square feet, previously utilized as a supermarket. Versatile Commercial Potential: Opportunities for food distribution, wholesale operations, storage, or other commercial uses, subject to applicable zoning and approvals. Value-Add Opportunity: Potential to enhance operations, maximize available space, and explore additional revenue opportunities. AN INVESTMENT WITH INCOME TODAY AND POTENTIAL FOR TOMORROW Opportunities combining existing revenue, substantial commercial improvements, and operational flexibility deserve serious consideration. Whether you are an experienced investor, entrepreneur, or business owner seeking to expand your commercial portfolio, this property offers a compelling opportunity to explore. Invest in a location. Acquire an income stream. Explore the possibilities. Contact us today for additional information or to schedule a private showing. Building area, parking capacity, income, permitted uses, and other property information are subject to independent verification. Annual revenue is illustrative, not a guarantee of future performance. This property includes a second parcel at 1637 CORDOVA ST, LOS ANGELES 90007. APN# 5075-036-017. The combined sq ft of both properties is 18,646sf.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Jose Guevara (joserocky2003@yahoo.com) from Listing Office: Iberri & Associates Real Estate.

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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.