5253 Paramount Blvd Lakewood, CA $ 400,000
5253 Paramount Blvd
$ 400,000
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5253 Paramount Blvd

Lakewood, CA, 90712
$ 400,000
Baths0.0

Monthly Estimate*

$ 2,794

Listed by Long Beach Real Estate
5253 Paramount Blvd, Lakewood, CA 90712 - Image 1
5253 Paramount Blvd, Lakewood, CA 90712 - Image 2
Studio

Commercial Property for sale in Lakewood, CA

for $400,000.

R-Kitchen was put in operation in 2015. Serving Soul Food to the community local and afar. R-Kitchen has had many celebrities and sports figures visit. With its location close enough to get regular visits from Compton, Carson, Long Beach, and of course Lakewood, where the store is located. Most guest take their food to go. There is small space for in store dining. Sale of business comes with all equipment, standing inventory, 1 to 3 Months of onsite training. Important to understand is owner/operator goes out to local shops to purchase the food served at R-Kitchen, maintaining the consistency of the food served at R-Kitchen. Generating $325,000 Net Income. Please call with questions and if interested, let us know. We are here to assist you in YOUR PURCHASE OF THIS WELL ESTABLISHED RESTAURANT!!!! Monthly Gross $45,000+/-:: Monthly Expenses $18,000+/-.. this does not include Catering Revenue additional $2,000 +/- Month ... Holidays NOV & DEC = $20,000+/- .. store closed on Tuesday. Owner willing to stay on for 90 days to train new owner.. Great Opportunity to Franchise to Cater to a Under Served Market.. SOUL FOOD...Most Orders Come In by Phone for Carry Out.. Grow Business with Delivery Set Up Grub Hub, DoorDash, Uber Eats, Postmates, Etc

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Commercial Active

Price

$ 400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Lakewood

County/Region

Los Angeles

MLS | Web ID

PW24042443

Days on Market

58

Features
General
Business Type Restaurant
County Los Angeles
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Take Paramount Blvd to Candlewood Ave. Site in South West Shopping Center
City Lakewood
View Y/N N
Senior Community Y/N N
MLS Area 24 - Lakewood Mutuals
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Paramount Blvd
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Leasable Area 1500.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 21
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Owner
Total Actual Rent 2600.0
Ownership Type SoleProprietor
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Exterior
Spa N
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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Internal Only
Street Number 1 5253
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* Excluded Features
List By
Long Beach Real Estate

Broker

(562) 799-6556

Phone

Affordability Calculator

$2,794
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,794
Monthly Property Taxes
--
Monthly Home Insurance
--
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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2024$400,000 -33.33% Price Down
3/2/2024$600,000 Listed Price

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5253 Paramount Blvd, Lakewood, CA, 90712 is a Commercial Property for sale at $400,000. 5253 Paramount Blvd is a studio with 0.0 baths. The property's zip code is 90712 which is in Lakewood, CA