Address
4029 Beverly Boulevard Los Angeles, CA
Price
$ 395,000
Property Attributes
  • MLS#TR20164725
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaKoreatown
  • Zip90004
  • StyleBusiness Opportunity
  • Price$ 395,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
Listing Provided Courtesy Of:
Brandon Lutran with IRN Realty.
Property Description

El Lechero Market. Great business opportunity in Korea-town in a high-traffic count area. This local convenient market sells about $3,500,000 worth of goods, beer, and light alcohol beverages per year. Annual cash-flow averages about $250,000-270,000 per seller. This corner market carries a variety of products like fresh fruits, vegetables, meat, snacks, stationary items, detergent and cleaning products, canned/bottled food, dry food, rice, beans, frozen food, ice cream, beer, wine coolers, cheese and variety of dairy products, toys, gifts, lottery and so much more. Other features include an additional 1,200 Sq.Ft. storage warehouse, security camera system, and key service. Market is consist of 3 property lots - 4025, 4027, and 4029 Beverly Blvd. Sale of the business will include all fully-paid off, un-branded freezers, beverage coolers, vegetable coolers, milk cooler, walk-in vegetable cooler, meat storage case, 6-door beer cooler, refrigerators, stove, and camera system. Current lease is still valid until 2023. Gross sale and cash-flow information are given by the seller and not yet verified.

Price History
8/13/2020 Listed $395,000

General Features

Building Features Phone System
Building Name El Lechero Market
Business Type Food & Beverage, Ice Cream/Frozen Yogurt, Liquor Store, Retail, Single-Tenant
Directions On Beverly; West of Vermont
Listagentaor Tri-Counties
Listing Agent Brandon Lutran - BRE#01704058
Listing Agent State License 01704058
MLS Area KREA - Koreatown
Price Per Square Foot 98.75
Property Type Business Opportunity
Source System CRMLS

Exterior Features

Building Area Total 4000.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90004

Price
AVG $1.95M
$400K
Visits
AVG 22
85

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