5652 Hollywood Blvd., Los Angeles, CA 90028

FOR SALE
  • $120,000
  • 1+ Years on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building

Description

Local family Grocery store with a high foot traffic located in a hart of Hollywood. Store has a Hood and serves sandwiches as well as provides a catering services. There is a permition to have multiple tables set up in front of the store on the busy Hollywood Blvd. Inventory and fixtures are included in sales, and comprise off : Multiple refrigerators, for Fish, Meat, Daly, freezers, meat cuter, slicer, meat grinder, Fryers, Hood, Oven, Fresh water dispencer and more. 
 Business financial summary is as follows: (1) Gross monthly sales are $60,000 to 70,000, (2) Net profit per month is $14,000 (3) Rent payment per month is $4,000 and utilities approximately $1500 per month. Store size is approx. 2,000 SF with 500 Sq Ft Storage and office Area (5) No beer & wine, (6) Parking consists of a 4 parking spaces.
 Current lease will continue for 3 years with 5 years option, however seller wishes a buyer to apply for a new lease term for 5 years plus 5 years option to renew. No lease assignment is available for buyer. 
 Market accepts EBT payments. Revenues can be increase by selling lottery, as well as opening sitting area on the Hollywood Blvd. Next door there is construction going on for 200 unit apartment building that will increase a business tremendously.

  • MLS ID# CV15146640
  • Year Built: n/a
  • 1+ Years on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Local Info

Population
32,480
Median Household Income
$29,177
Median Years In Residence
7
Median Homeowner Age
32
Households with Children
50.05%
Percent of Homes Rented
92.58%

Nearby Elementary Schools

1530 N Wilton Pl
1370 N St Andrews Pl
1316 N Bronson Ave

Nearby Middle Schools

5515 Franklin Ave
1309 N Wilton Pl
5755 Fountain Ave

Nearby High Schools

5515 Franklin Ave
1309 N Wilton Pl
1309 N Wilton Pl

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: First Paciific Realty
(626) 376-7774
Listing Agent: Alexander Seropian

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