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5112 East Imperial Lynwood, CA 90262
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Key Details
Sold Price $1,960,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW-24125792
Sold Date 08/13/24
Year Built 1931
Property Description
MAJOR CASH FLOW! 11% Cap Rate This is a Sale Lease Back to Catalyst Cannabis Co. Catalyst Cannabis Co. has 27 stores open and operating. Catalyst Cannabis Co. to rent back the property from Buyer for $20,000 Gross a month. After construction the square footage of the structure will be approximately 2,929 square feet. Licensed by the City of Lynwood & State of California for a cannabis retail store and should be able to complete construction in late July/August.
Location
State CA
County Los Angeles
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
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