12501 Long Beach Boulevard
MLS #: PW18181897 | Built 1948 | Lot Size: Acres | Area: RM - Lynwood | Type:
Located major commercial street Long Beach Blvd., In Lynwood. Doing business car repair center; Transmission, Body shop, Tinting glasses, shoe repair shop. Long time tenants more than 30 years wants long lease term. Rent is low could be increase around from 10-20% increase possible new owner. The City of Lynwood do not like issue car wash business on the major commercial street, so business always busy, tenant wants stay longer. But continuing car repair business OK. Currently annual in come $62,000.00 plus insurance of the property. Cape rate is 5%. Large lot 15,000 s/q feet. The price is lower than land price.
Listing Provided By
Young Beck, Silver Star Realty
Based on information from California Regional Multiple Listing Service, Inc. as of August 10, 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.
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