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931-943 E Hill St
Long Beach, CA 90806

$819,000 USD

Auto Repair For Sale  •  3,270 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 3,270 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 3.13 %
  • Tenancy Single
  • Zoning LBR1N
55 Transit Score
69 Walk Score

Highlights

Seller Financing Available: $300,000 down payment at six percent (6.0%) INTEREST ONLY, for SEVEN (7) years (or buyer has option for fully amortized)
Large Fenced Lot with Abundant Parking for Vehicles
Tenant is on a Month to Month Lease
Eight Plus Auto Bays with Two Underground Lifts and Multiple Above Ground Lifts
New Owner can Collect Income from Existing Tenant(s) and Occupy Portion of the Building
Located in a Residential Neighborhood
Cap Rate: 3.13 %

Major Tenants

Tenant SF Occupied Lease End Date
Enrique's Auto Repair 3,270 SF

Amenities

  • Corner Lot
  • Fenced Lot

Public Transportation

Transit/SubwayDriveWalkDistance
Willow Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 4 min 19 min 1.0 mi
Pacific Coast Highway Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 6 min - 2.9 mi
Los Angeles International 29 min - 20.5 mi
John Wayne/Orange County 29 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Brett Cervantes 714-765-2995 Paul Kott Realtors, Inc.
Brett Cervantes 714-765-2995 Paul Kott Realtors, Inc.