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5058 Valley Boulevard

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5058 Valley Boulevard | Los Angeles, CA

$999,000

1,175 SQ.FT.

Owner use or investment, take your pick, this property is excellent for either use and generating positive cash flow. In the El Sereno area. The property consists of two building sitting on 3 lots. First building offers an office, a bathroom a tire shop area and a warehouse. Second building is brand new, build in the summer of 2018. offering 2 garage doors, high ceilings, dry-walled and stuccoed. Fully powered to supplement the successful current business of the tire shop. City has allowed to add a mechanic's shop on the grounds, more options could be available. The yard is very large, with plenty of space to store goods. The parking lot also has new concrete and parking spaces have been marked and assigned per code. There's more room to add/improve if desired. Location is fantastic! Just minutes from many retail, warehouses, office, Cal State University LA. Established many years ago and only minutes away from the city of Alhambra, Monterrey Park and Downtown LA. There's also a billboard on the grounds, the lease is underpaid, vast room to raise the rate to current client.
Listing Provided by Polo Carrillo, Berkshire Hathaway H.S.C.P.

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