Restaurant for sale in Los Angeles

Hello and welcome to my listing presentation for La Plancha restaurant located at 2814 James M. Wood Blvd. in Los Angeles.  As a Realtor, I help clients sell and buy homes, but also offer clients the opportunity to buy their own business.  La Plancha restaurant is that fabulous business opportunity!  It has been a signature in Los Angeles for over 35 years selling pupusas to customers, wholesale to markets and fine restaurants. La Plancha has approximately 2900 sqft of business space,  2 dining areas with tables and chairs, 2 bathrooms and a private office.  In the kitchen you will find, grills, a hood, sinks, a walk-in freezer approximately 15×6, a 3 door refrigerator, 2 work tables and much more.  The large storage area consists of...

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What’s Ahead For Mortgage Rates This Week – June 15, 2015

  Weekly Jobless Claims, Mortgage Rates Weekly jobless claims rose last week and were also higher than expected. 279,000 new jobless claims were filed against an expected reading of 275,000 new claims and the prior week’s reading of 277,000 new jobless claims. This was the fourteenth consecutive week that new jobless claims remained below 300,000, an accomplishment that hasn’t occurred in 15 years. Mortgage rates rose sharply last week according to Freddie Mac. The average rate for a 30-year fixed rate mortgage jumped from 3.87 percent to 4.04 percent; the average rate for a 15-year fixed-rate mortgage rose from 2.08 percent to 3.25 percent and the average rate for a 5/1 adjustable rate mortgage increased by five basis points from 2.96 percent 3.01 percent. Average...

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You Ask, We Answer: How Does the Escrow Process Work when Buying a Home?

When you purchase a new home, escrow is a word that you will hear numerous times from your Realtor. There are several types of escrow accounts that will be established, and you may be wondering where your money will go when placed in an escrow account or how it is applied to your transaction. By taking time to learn more about the escrow process, you can be a more informed buyer. Your Initial Escrow Deposit Within 3 days after your offer is accepted by the seller, you will be required to make an earnest money deposit into the Escrow Trust Account which is usually 1% of the purchase price of the property.  Typically, you will electronically wire the money or write a check for the...

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