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1660 S SEPULVEDA BLVD Los Angeles CA 90025-3512

[Locked] • APN 4324-033-025

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Details
Property Type Retail
Sub Type Gas Station, QSR/Fast Food
Building SqFt 995
Lot SqFt 10,443
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code [Q]C2-1VL-O
Year Built 1987
Building Count 2
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Gas Station, QSR/Fast Food
Marketing Description
WESTMAC Commercial Brokerage Company and Petroleum Realty Group are pleased to present the rare opportunity to purchase 1660 S. Sepulveda Boulevard, a service station situated at the northeast corner of Santa Monica Boulevard and S. Sepulveda Boulevard in West Los Angeles. The Station has been a landmark for many years and features the very popular deli & grill called The Corner Deli & Grill.​ The offering includes the service station, business currently operating as Mobil with more than fourteen (14) years left on the fuel agreement, along with the real estate.​

1660 S.​ Sepulveda Boulevard is comprised of twelve (12) fuel hoses under one (1) canopy, a ± 1,400 square foot C-Store with ATM and Bitcoin machines and the much-loved local favorite, The Corner Deli & Grill.​ There is an income producing billboard located on the property which ownership owns the right away, not the sign.​ The billboard has a ten (10) year effective NNN lease from 2019.​ Current rent is $46,200, increase to $48,600 in 2023 and $52,600 in 2026.​ In addition ownership gets a profit share of 35% of annual adjusted gross advertising revenue.​ All are situated on approximately 10,466 square feet of land.​ The land is zoned [Q]C2-1VL-O with a TOC Tier 2 overlay.​

The station has four (4) double-walled 10,000 gallon tanks and four (4) new Wayne Ovation 2 Series MPD's with a Gilbarco Passport POS.​ The station serves Regular Unleaded, Extra Unleaded, Super Unleaded and Diesel.​ All pumps have been updated and are EMV compliant.​

1660 S.​ Sepulveda Boulevard is a rare opportunity to purchase a very profitable gas business at a major signalized intersection with no corner competition and easy access to the 405 Freeway.​ The property comes with a clean phase two.​ This is an excellent opportunity to purchase a trophy investment in prime West Los Angeles, CA.​

Investment Highlights
  • Trophy Investment West L.A. Mobil Gas Station (Business + Real Estate)
  • Income Producing Billboard
  • Multiple Income Streams (Fuel, C-Store, Billboard, Diner & Grill, ATM & Bitcoin Machines)
  • No Intersection Competition
  • Strategically Located near the Santa Monica Blvd On & Off Ramp to the 405 Freeway
  • 24-Hour Business Hours
  • Over 14 Years Remaining on Mobil Fuel Supply Contract

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
TM
T.C. Macker PRO
•••.•••.4352
••••cker@•••••••.com
Brokerage logo
Sold on
 BY:
TH
Timothy Haves PRO
•••.•••.3961
tim@••••••••••••••••••••.com
Brokerage logo
Sold on
 BY:
JM
Jennifer Moscoso
•••.•••.4397
•••coso@•••••••.com
Brokerage logo

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