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Listing Details

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School Ratings & Info

Description

Operating in Boyle Heights for 15 years, the Drive-In Ranch Market is a retail real estate and grocery business investment opportunity.Built in 1965 and located at 3521 E 4th Street, L.A. 90063, the approx. 1,032 SF market sits on an approx. 2,100 SF lot zoned LAC2. The property is conveniently situated on the heavily trafficked, major East-West artery of East 4th Street in Boyle Heights L.A., surrounded by neighboring residences and walking distance to the Metro Gold Line - Indiana Station. Included with the sale of the real estate are: 4 beverage coolers (including 1 walk-in). The Drive-In Ranch Market offers a uniquely desirable opportunity for owner-operators seeking an established cash-flowing business. Conveniently located near the 60, 10, 5, and 710 freeway.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. 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 deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.
www.laffinsrealestate.com/homes/109285155
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3521 E 4th Street Los Angeles (City), CA 90063

  • Price: $475,000
  • Status: Active
  • Updated: 56 min ago
  • ID#: WS20173112
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1,032
SQFT
$460
$/SQFT
1965
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Operating in Boyle Heights for 15 years, the Drive-In Ranch Market is a retail real estate and grocery business investment opportunity.Built in 1965 and located at 3521 E 4th Street, L.A. 90063, the approx. 1,032 SF market sits on an approx. 2,100 SF lot zoned LAC2. The property is conveniently situated on the heavily trafficked, major East-West artery of East 4th Street in Boyle Heights L.A., surrounded by neighboring residences and walking distance to the Metro Gold Line - Indiana Station. Included with the sale of the real estate are: 4 beverage coolers (including 1 walk-in). The Drive-In Ranch Market offers a uniquely desirable opportunity for owner-operators seeking an established cash-flowing business. Conveniently located near the 60, 10, 5, and 710 freeway.
Exterior Features

Fencing None Lot Features Corner Lot Open Parking Spaces 7 Parking Total 7 Roof Flat Sign On Property YN No

Interior Features

Building Features Phone System Heating None Heating YN No

Property Features

Additional Parcels YN No Anchors Co Tenants Drive In Rancho Market Building Name Drive In Rancho Market Business Type Liquor Store Common Interest None Current Financing None Electric Standard Gross Scheduled Income 336000 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 26040 Number Of Units Leased 1 Operating Expense 309960 Property Sub Type Business Special Listing Conditions Standard Utilities Electricity ConnectedWater Connected Water Source Public

Listing provided courtesy of Christine Cheng of Keller Williams Signature Rlty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. 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 deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.
 
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Remax of Chico - The Laffins Real Estate Team
1834 Mangrove Ave
Chico CA, 95926