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404 Figueroa St

Los Angeles (City), CA 90071
  • $185,000
  • STATUS: Active
  • ON SITE: 83 Days
  • ID#: OC24224643
$185,000
  • 0
    BEDS
  • 3.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Tran Nguyen of Copley Realty (657-200-1201) and Vy Huynh of ()


Description

Nestled on the 4th floor of the iconic Westin Bonaventure Hotel in downtown Los Angeles, this well-established 2,900 sq ft salon offers a unique opportunity to own a profitable business with a strong, loyal clientele built since 1989. Catering directly to guests and residents of the hotel, the salon features a spacious layout with 14 styling chairs, 4 manicure stations, 3 pedicure chairs, 2 private facial rooms, and a VIP suite for clients desiring a premium, private experience. A dedicated break room serves the salons team of five long-term stylists, three full-time and two part-time, ensuring high-quality service and continuity for clients.The lease is attractively priced at $4,000/month, covering utilities and offering a 5-year contract with a 5-year extension option. Each chair rents at $1,000/month, providing steady rental income alongside a consistent flow of customers from the bustling hotel. The landlord is supportive and flexible, though buyers must have good credit. This prime location is ideal for a seasoned professional or investor looking to expand with a reputable, thriving salon in the heart of L.A.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/157386750
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404 Figueroa St Los Angeles (City), CA 90071

  • Price: $185,000
  • Status: Active
  • On Site: 83 Days
  • ID#: OC24224643
0
Beds
0
Baths
0
½ Baths
3.54
Acres
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Nestled on the 4th floor of the iconic Westin Bonaventure Hotel in downtown Los Angeles, this well-established 2,900 sq ft salon offers a unique opportunity to own a profitable business with a strong, loyal clientele built since 1989. Catering directly to guests and residents of the hotel, the salon features a spacious layout with 14 styling chairs, 4 manicure stations, 3 pedicure chairs, 2 private facial rooms, and a VIP suite for clients desiring a premium, private experience. A dedicated break room serves the salons team of five long-term stylists, three full-time and two part-time, ensuring high-quality service and continuity for clients.The lease is attractively priced at $4,000/month, covering utilities and offering a 5-year contract with a 5-year extension option. Each chair rents at $1,000/month, providing steady rental income alongside a consistent flow of customers from the bustling hotel. The landlord is supportive and flexible, though buyers must have good credit. This prime location is ideal for a seasoned professional or investor looking to expand with a reputable, thriving salon in the heart of L.A.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Property Sub Type Business Security Features Gated with Guard Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-23T00:29:40.537. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Tran Nguyen of Copley Realty (657-200-1201) and Vy Huynh of ()