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1065 Gower St
Los Angeles, CA 90038
Commerce de détail Propriété À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Across the street from Paramount studios, High traffic, Strong visibility, multi-purpose zoning, turnkey business.
RÉSUMÉ DE L'ANNONCE
Located in the heart of Hollywood, California, directly across from Paramount Studios, this well-positioned auto body shop offers exceptional visibility along a high-traffic corridor surrounded by production studios, post-production facilities, restaurants, and creative offices.
The property has been owned and operated by the same owner for over 40 years, underscoring its long-term viability as an automotive and commercial location. The asset currently generates stable in-place income, including approximately $7,700 per month from the lease of three of the five service bays to Legit Auto Body, plus an additional $350 per month from an on-site billboard. Note: There is strong current income in place ($7700.00 + $$350.00) plus the additional income the owner occupied bays brings in.
This offering presents a turnkey opportunity for an owner-operator to step into an established auto body operation, or for an investor to reposition or redevelop the property. The site is zoned LAC2 (Q), providing flexible commercial and mixed-use potential (buyer to verify).
For developers, the seller is willing to lease back his business, allowing a buyer to maintain cash flow while architectural plans and entitlements are processed—an increasingly rare advantage in the Hollywood submarket.
An ideal acquisition for owner-users, investors, or developers seeking income today with long-term upside in a premier entertainment corridor.
The property has been owned and operated by the same owner for over 40 years, underscoring its long-term viability as an automotive and commercial location. The asset currently generates stable in-place income, including approximately $7,700 per month from the lease of three of the five service bays to Legit Auto Body, plus an additional $350 per month from an on-site billboard. Note: There is strong current income in place ($7700.00 + $$350.00) plus the additional income the owner occupied bays brings in.
This offering presents a turnkey opportunity for an owner-operator to step into an established auto body operation, or for an investor to reposition or redevelop the property. The site is zoned LAC2 (Q), providing flexible commercial and mixed-use potential (buyer to verify).
For developers, the seller is willing to lease back his business, allowing a buyer to maintain cash flow while architectural plans and entitlements are processed—an increasingly rare advantage in the Hollywood submarket.
An ideal acquisition for owner-users, investors, or developers seeking income today with long-term upside in a premier entertainment corridor.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
4 330 pi²
Classe d’immeuble
C
Année de construction
1924
Prix
5 025 247 $ CAD
Prix par pi²
1 160,57 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,67
Taille du lot
0,15 AC
Zone de développement économique
Oui
Zonage
LAC2 - Commercial LAC2 (Q) condition (per city records). Buyer to investigate (Q) condition, prior to making an offer to purchase.
Stationnement
16 places (3,7 places par 1 000 pi² loué)
Façade
148’ sur Gower St
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 573 825 $ CAD | |
| Évaluation du terrain | 2 107 243 $ CAD | Évaluation totale | 2 681 068 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
2 107 243 $ CAD
Évaluation des bâtiments
573 825 $ CAD
Évaluation totale
2 681 068 $ CAD
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