UPDATED:
09/30/2024 06:56 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 2,895 sqft
Price per Sqft $863
MLS Listing ID WS23020896
HOA Y/N No
Year Built 1985
Lot Size 7,697 Sqft
Property Description
Essentially it is a fully equipped turn-key shop and has a Grandfathered semi-down spray booth and a dedicated paint mixing room. It also has a Chief measuring system, Cellette bench, and ProSpot equipment, along with many other lifts, frame machines, and a total of 9 bays on a 7,700 sq ft lot.
The owner appraised the property and the business and has an assumable $2,130,000 loan from the SBA. All the equipment has been paid off and would be included in the sale.
Thus you can either buy only the shop and sign a long-term triple net lease, or assume the loan and buy both the land and the shop.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning CM
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Inclusions All Equipment, permits, and licenses.
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Paved
Story 1
Water Public
Others
Tax ID 5748001004
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Government Loan, Lease Option, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Government Loan, Lease Option, Submit
Special Listing Condition Standard
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605