Skip To Content

    1442 W Martin Luther King Jr Boulevard

    Los Angeles (City), CA 90062
    • $69,000
    • STATUS: Active
    • ON SITE: 52 Days
    • ID#: DW21190597
    UPDATED: 79 min ago
    $69,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Huge opportunity and potential to operate a move-in ready restaurant. Must sell at this price and all will be included except the exclusions of: personal tools and flat grill. Goodwill of restaurant and location look great. Many local clients call daily to put food orders. Perfect location, very close to major sports complexes on a busy street. Very low rent at: $740 per month. No upcoming rent increases, currently in a month to month agreement. Has been there since 2016. Maximum occupancy seating of business is about: 24. Utilities is about: $230 per month. The licenses and permits are about: $1,350 per year. Owner opens Thursday through Sunday. Approximate value of machinery is about:$30,000. Approximate value of furniture, fixtures, and other equipment is about: $10,000. Owner operator works about 40 hours a week.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-19T23:25:19.89. 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 The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
    www.bobkellyteam.com/homes/120914828
    Print Image

    1442 W Martin Luther King Jr Boulevard Los Angeles (City), CA 90062

    • Price: $69,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: DW21190597
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Huge opportunity and potential to operate a move-in ready restaurant. Must sell at this price and all will be included except the exclusions of: personal tools and flat grill. Goodwill of restaurant and location look great. Many local clients call daily to put food orders. Perfect location, very close to major sports complexes on a busy street. Very low rent at: $740 per month. No upcoming rent increases, currently in a month to month agreement. Has been there since 2016. Maximum occupancy seating of business is about: 24. Utilities is about: $230 per month. The licenses and permits are about: $1,350 per year. Owner opens Thursday through Sunday. Approximate value of machinery is about:$30,000. Approximate value of furniture, fixtures, and other equipment is about: $10,000. Owner operator works about 40 hours a week.
    Exterior Features

    Sign On Property YN No

    Property Features

    Additional Parcels YN No Business Type Restaurant Exclusions Personal Tools And Flat iron Grill. Listing Agreement Exclusive Right To Sell Listing Service Full Service Total Actual Rent 740

    Listing provided courtesy of Fernando Spindola of Excellence Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-19T23:25:19.89. 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 The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367173329-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367173329-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367173329-1.jpg
    Logo
    The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
    8898 La Mesa Blvd.
    La Mesa CA, 92042