Check Availability
$120,000
↓ $80K (39.8%)
Commercial - For Sale

548 S Spring Street

Los Angeles, CA 90013
bedrooms
Studio
bathrooms
0 Bath
$590
Estimated Monthly
$0
HOA / Fees

About This Property

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.
Unit Size
-
Days on Market
445 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1914
Listed By
Ashot Grigoryan
Keller Williams - Glendale
Last updated: 3 months ago (MRMLSCA #GD23022045)

Price History

Date / Event Date Event Price
Feb 14, 2024 Price Decreased $120,000
↓ $80K (39.9%)
Price Decreased
Oct 25, 2023 Price Decreased $199,500
↓ $51K (20.2%)
Price Decreased
Aug 17, 2023 Price Decreased $250,000
↓ $27K (9.8%)
Price Decreased
Apr 26, 2023 Price Decreased $277,000
↓ $30K (9.8%)
Price Decreased
Mar 22, 2023 Price Decreased $307,000
↓ $20K (6.1%)
Price Decreased
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Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191101
11/01/2019
Studio
-
-
$60,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

548 South Spring Street 548 South Spring Street, Los Angeles, CA 90013
  • 1 Unit for Sale
More about this Building
548 South Spring Street
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