1709 Pico Boulevard

    Santa Monica, CA 90405
    • $105,000
    • STATUS: Active
    • ON SITE: 100 days
    • ID#: WS18059768
    UPDATED: 39 min ago
    $105,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,818
      SQFT
    • $15
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Location, location, location. Rare and great investment opportunity to own a tea and snack restaurant across Santa Monica City College, and walking distant from Santa Monica High School. The restaurant is totally remodeled 2 years ago and is ready to continue the business with instant positive income. and with 10k monthly net income. Additional revenue if serve lunch and dinner. The restaurant has continue customers through out the business hours. Easy to manage and Owner will train buyer. Must see to appreciate, won't last!!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T19:26:21.76. 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.
    www.gogabby.com/homes/81575806

    1709 Pico Boulevard Santa Monica, CA 90405

    • Price: $105,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: WS18059768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    6,818
    SQFT
    $15
    $/SQFT
    1965
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Location, location, location. Rare and great investment opportunity to own a tea and snack restaurant across Santa Monica City College, and walking distant from Santa Monica High School. The restaurant is totally remodeled 2 years ago and is ready to continue the business with instant positive income. and with 10k monthly net income. Additional revenue if serve lunch and dinner. The restaurant has continue customers through out the business hours. Easy to manage and Owner will train buyer. Must see to appreciate, won't last!!
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Seating Capacity 20

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Name Pico Center Business Name Tea And Burger Business Type Restaurant Country Us Equipment Value 20000 Gross Operating Income 30000.00 Hours Owner Works 8 Inventory Value 10000 Leasable Area 950.00 Leasable Area Units Square Feet Lease Renewal Option YN Yes Monthly NNN 0 Net Profit 8000 Number Of Full Time Employees 1 Number Of Part Time Employees 3 Operating Expense 12000.00 Total Actual Rent 4900.00 Year Built Source Assessor Year Established 2016 Years Current Owner 2 Zoning Smc2

    Listing provided courtesy of Chuck Liu of Signal Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-24T19:26:21.76. 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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