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2522 S Central Avenue

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2522 S Central Avenue | Los Angeles, CA

$899,000

3,081 SQ.FT.

Mixed-Use Property Now Available for Sale including business!!!! Great Visibility and Traffic!!!! Excellent Location experiencing continuous Development and City Improvements. Opportunity to take over current Check Cashing Business, no additional fees. Business is priced at $200,000. The Mixed-Use Property consists of 1,705 sq.ft of Retail Space in the Front and a (Duplex) 1,376 sq.ft. - Two Residential Units (2 Bed/1 Bath each) Units in the back with their own gated private parking. Residential Units Currently Occupied by Long Term Tenants providing a consistent income stream. Additional check-cashing Store Location available with 25+ year old established businesses that have been serving the local communities/areas with competitive rates to a large database of customers within the working class neighborhoods and their employment employment centers with an estimate for 2016-2017, the two stores combined average roughly over $3M+ per month gross sales with an average sales increase of 10% +/- per quarter.
Listing Provided by Gay-Lynn Barnes, ReMax College Park Realty

Based on information from California Regional Multiple Listing Service, Inc. as of August 16, 2018. 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.