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7283 Bellaire Avenue , #2

North Hollywood, CA 91605
  • $700,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: SR21265178
UPDATED: 75 min ago
$700,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,240
    SQFT
  • $76
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Here is your chance to own a known fitness/training center owner currently runs this as a non profit organization 501c this training center consists of 4 bathrooms & 1 shower. Has around 250 students per month with its peak season from Feb to May that increase to around 320 students. Each student pays avg $250 a month & a yearly fee of $150. Owner pays electricity and water around $400 a month & EDD around $700 a month & approx. $3,500 in property taxes. This fitness/training center OFFERS; Boxing, Wrestling, Karate, Gymnastics, Muy Thai, Boxing. Karate consists of testing and each belt with exams to pass. also offering private lessons for each offering. This fitness center also averages 4 tournaments yearly which bring profit.Owner also sells merchandise which bring good profit to the business. Fitness/training center is also rented for activities such a birthday parties, Movies, Trampoline parties . Business is also eligible for yearly grants. Landlord has given permission to give 70 parking spots after 4pm. Lease is 10 years with a 5 year option & Seller is wiling to help and train up to two months after close of sale. *Sale of business has tiers* please call listing agent for more information*

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Based on information from CRISNet MLS as of 2022-01-17T13:56:14.447. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-01-17T13:56:14.447. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchhomesincalifornia.com/homes/124326288
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7283 Bellaire Avenue , #2 North Hollywood, CA 91605

  • Price: $700,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 75 min ago
  • ID#: SR21265178
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,240
SQFT
$76
$/SQFT
Neighborhood:
Nho - North Hollywood
County:
Los Angeles
Area:
Nho - North Hollywood
Property Description
Here is your chance to own a known fitness/training center owner currently runs this as a non profit organization 501c this training center consists of 4 bathrooms & 1 shower. Has around 250 students per month with its peak season from Feb to May that increase to around 320 students. Each student pays avg $250 a month & a yearly fee of $150. Owner pays electricity and water around $400 a month & EDD around $700 a month & approx. $3,500 in property taxes. This fitness/training center OFFERS; Boxing, Wrestling, Karate, Gymnastics, Muy Thai, Boxing. Karate consists of testing and each belt with exams to pass. also offering private lessons for each offering. This fitness center also averages 4 tournaments yearly which bring profit.Owner also sells merchandise which bring good profit to the business. Fitness/training center is also rented for activities such a birthday parties, Movies, Trampoline parties . Business is also eligible for yearly grants. Landlord has given permission to give 70 parking spots after 4pm. Lease is 10 years with a 5 year option & Seller is wiling to help and train up to two months after close of sale. *Sale of business has tiers* please call listing agent for more information*
Property Features

Additional Parcels YN No Business Name Isu Business Type Fitness Equipment Value 150000 Gross Operating Income 707600.00 Lease Renewal Option YN Yes Total Actual Rent 9800.00 Year Established 1990 Years Current Owner 31

Listing provided courtesy of Raffi Darakchyan, CA DRE# 02025429, of Maxwell Realty Inc.


Based on information from CRISNet MLS as of 2022-01-17T13:56:14.447. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-01-17T13:56:14.447. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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