548 S Spring Street 108 Los Angeles, CA ^$ 120,000

548 S Spring Street 108

^$ 120,000

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548 S Spring Street 108

Los Angeles, CA, 90013

^$ 120,000

Studio Baths0.0

Monthly Estimate*

^$ 838

Listed by Keller Williams R. E. Services

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Studio

Commercial Property for sale in Los Angeles, CA

for $120,000. This building was built in 1914 on a lot size of 0.4328.

This is an established Smoke Shop & Hookah & Cigar Lounge in the City of Los Angeles in the heart of DTLA. Business is located in Spring Street Financial District on the Ground Floor of SB Lofts 12 Story 184 Units Luxury Apartment Building with lots of foot and driving traffic. Business is known for it's excellent service and has a steady clientele. Business was established in 2010 with the same owner for 13 years. Sales price includes all the Equipment, Furniture , Fixtures and the Cigarette & Tobacco Retailer’s License. Excellent Opportunity to own a semi-absentee run business. Business must be sold together with the second location located at 3014 S.Figueroa St., Los Angeles , CA 90007 for a total price of $300,000. Owners loss is your gain.

Commercial Active

Price

^$ 120,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.4328

Year Built

1914

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD23022045

Days on Market

446

Features

General

Zoning LAC2

Year Built 1914

Unit Number 108

Business Type Retail

County Los Angeles

New Construction N

Property Type BusinessOpportunity

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions 548 South Spring St. Los Angeles CA 90013

City Los Angeles

View Y/N N

Senior Community Y/N N

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 18854.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Spring

Listing Terms Cash

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N Y

Additional Parcels Y/N N

Leasable Area 1000.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 432

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Owner

Year Built Source Assessor

Total Actual Rent 3704.0

Ownership Type LLC

Exterior

Total Parking 38.0

Lot Size Area 18854.0

Spa N

Lot Size Acres 0.4328

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Electric On Property Y/N N

Internal Only

Street Number 1 548

* Excluded Features

List By

Keller Williams R. E. Services

Broker

(818) 432-3218

Phone

Affordability Calculator

$838

Per Month

Monthly Principal & Interest: $838
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,170,078

Percent of Sale Price 1,708%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/13/2024	$120,000	-39.85%	Price Down
10/25/2023	$199,500	-20.20%	Price Down
8/16/2023	$250,000	-9.75%	Price Down
4/25/2023	$277,000	-9.77%	Price Down
3/22/2023	$307,000	-6.12%	Price Down
2/8/2023	$327,000		Listed Price

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548 S Spring Street 108, Los Angeles, CA, 90013 is a Commercial Property for sale at $120,000 with a lot size of 0.4328. 548 S Spring Street 108 is a studio with 0.0 baths and was built in 1914. The property's zip code is 90013 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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548 S Spring Street 108

Commercial Property for sale in Los Angeles, CA

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