$69,000

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

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.

Facts & Features

MLS® # DW21190597
Price $69,000
Bathrooms 0.00
Type Business Opportunity
Status Active

Community Information

Address 1442 W Martin Luther King Jr Boulevard
Area C34 - Los Angeles Southwest
City Los Angeles
County Los Angeles
State CA
Zip Code 90062

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed August 25th, 2021
Days on Market 20
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentFernando Spindola
OfficeExcellence Real Estate

Listing Map

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