About This Restaurant
Investment Highlights
Bankruptcy Sale: Retail Property (Former Night Club/Bar) Heavy Traffic Location With Excellent Exposure & Visibility Sale Subject to Bankruptcy Court Approval and Overbid; Property Sold ?As-Is?
Executive Summary
Bankruptcy sale. Retail storefront purchase opportunity. Former night club/bar. Heavy traffic north/south thoroughfare. Located just south of Florence Avenue. Excellent signage and visibility. Adjacent to the City of Inglewood. Minutes from SoFi Stadium and Kia Forum. 1-1/2 miles west of the Harbor (110) Freeway. 3 miles north of the Century (105) Freeway. Traffic Count on Western Ave & 73rd St: 29,691 Vehicles Per Day (2022). Note: Sale subject to bankruptcy court approval and overbid; property sold ?as-is?.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Distress Sale
- Property Type Retail
- Property Subtype Storefront Storefront General Retail Bar General Retail Freestanding Storefront
- Building Size 2,500
- Building Class C
- Year Built 1931
- Price 525,000
- Price Per SF 210
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.91
- Land Acres 0.06 AC
Nearby Amenities & Transportation
| Retail | Jack In The Box | ||
| Retail | Krispy Krunchy Chicken | ||
| Retail | Food 4 Less | ||
| Retail | IHOP | ||
| Retail | Starbucks | ||
| Retail | Panda Express | ||
| Retail | Church's Chicken | ||
| Retail | Smart & Final | ||
| Retail | Wingstop | ||
| Retail | Chase Bank |
Property Taxes
| Parcel Number | 6018-001-005 | Improvements Assessment | $115,515 |
| Land Assessment | $92,410 | Total Assessment | $207,925 |
| Date Created: | 2024-07-16 04:09:25 | Last Updated: | 2024-07-16 04:09:25 |
| Address: | 7220 S Western Ave , Los Angeles, California, 90047 | ||