service station

Commercial Real Estate

For Sale – Landmark West L.A. Gas Station – Corner Mobil


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WESTMAC Commercial Brokerage Company and Petroleum Realty Group are pleased to present the rare opportunity to purchase 1660 S. Sepulveda Boulevard, a service station situated at the northeast corner of Santa Monica Boulevard and S. Sepulveda Boulevard in West Los Angeles. The Station has been a landmark for many years and features the very popular deli & grill called The Corner Deli & Grill. The offering includes the service station, business currently operating as Mobil with more than fourteen (14) years left on the fuel agreement, along with the real estate.

1660 S. Sepulveda Boulevard is comprised of twelve (12) fuel hoses under one (1) canopy, a ± 1,400 square foot C-Store that includes ATM and Bitcoin machines and the much-loved local favorite, The Corner Deli & Grill. There is an income producing billboard located on the property which ownership owns the right away, not the sign. The billboard has a ten (10) year effective NNN lease from 2019. Current rent is $46,200, increase to $48,600 in 2023 and $52,600 in 2026. In addition ownership gets a profit share of 35% of annual adjusted gross advertising revenue. All are situated on approximately 10,466 square feet of land. The land is zoned [Q]C2-1VL-O with a TOC Tier 2 overlay.

The station has four (4) double-walled 10,000 gallon tanks and four (4) new Wayne Ovation 2 Series MPD’s with a Gilbarco Passport POS. The station serves Regular Unleaded, Extra Unleaded, Super Unleaded and Diesel. All pumps have been updated and are EMV compliant.

1660 S. Sepulveda Boulevard is a rare opportunity to purchase a very profitable gas business at a major signalized intersection with no corner competition and easy access to the 405 Freeway. The property comes with a clean phase two. This is an excellent opportunity to purchase a trophy investment in prime West Los Angeles, CA.

Cilck Here to Download Flyer. Go to CornerMobil.com to Download Full Offering Memorandum.

Commercial Real Estate, CRE News, T.C. Macker PR releases

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $3.68 MILLION SALE OF SERVICE STATION IN LOS ANGELES’ UPSCALE BRENTWOOD NEIGHBORHOOD


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Coldwell Banker Commercial WESTMAC has arranged the sale of 11699 San Vicente Boulevard in Los Angeles for $3,680,000.

The service station at 11699 San Vicente Boulevard in the affluent neighborhood of Brentwood has been sold. The site comprises a ± 99-square foot building on a ± 6,969-square foot lot at the corner of San Vicente Boulevard and S. Barrington Avenue. The buyer was the existing tenant who has been at the property for over 45 years.

“There was a bid process in place,” T.C. Macker said. “We submitted a great offer with a short 15-day escrow and were thrilled when it was accepted.”

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the buyer. Martin McDermott of Method Commercial represented the seller.