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-   -   Who's going to buy Barris Kustoms ? (https://www.yenko.net/forum/showthread.php?t=168398)

Too Many Projects 08-14-2021 11:59 PM

Who's going to buy Barris Kustoms ?
 
His business location is on the block and, frankly, for the location and size, the price isn't unreal. It retains his original paint booth, which is supposed to be grandfathered in. Start your own restoration business...:biggthumpup:

https://www.showcase.com/10811-river...1602/23856132/


https://images1.loopnet.com/i2/FQwfk...Definition.jpg

Lynn 08-15-2021 03:56 AM

I don't know. Does Toni's Deli come with it?

Too Many Projects 08-15-2021 04:30 AM

Looks like it. Maybe a leased space with income to pay for the building.

Huge billboard for income there too...:biggthumpup:

Mr70 08-15-2021 12:57 PM

Quote:

Originally Posted by Too Many Projects (Post 1559237)
Huge billboard for income there too...:biggthumpup:

Too bad it's not facing the Highway.

Too Many Projects 08-15-2021 01:54 PM

Quote:

Originally Posted by Mr70 (Post 1559259)
Too bad it's not facing the Highway.


Back side from the pic is...:dunno:

PeteLeathersac 08-15-2021 02:54 PM

1 Attachment(s)
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Lots of great history there but what could you do w/ it to carry the price/upkeep/taxes?:hmmm:
Museum/Small Shop/Rental facilities for Functions/Auctions would be cool but hard to consider/commit w/ world of late?:dunno:
:beers:
~ Pete

.

PeteLeathersac 08-15-2021 02:58 PM

1 Attachment(s)
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:beers:

,

Lee Stewart 08-15-2021 03:00 PM

Quote:

Originally Posted by PeteLeathersac (Post 1559293)
'

Lots of great history there but what could you do w/ it to carry the price/upkeep/taxes?:hmmm:
Museum/Small Shop/Rental facilities for Functions/Auctions would be cool but hard to consider/commit w/ world of late?:dunno:
:beers:
~ Pete

.

Goerge Barris' daughter is going to open some kind of a museum with her fathers memorabilia at a different location.

Rumors are it will be torn down and made into a strip mall.

Too Many Projects 08-15-2021 06:18 PM

Quote:

Originally Posted by Lee Stewart (Post 1559296)
Goerge Barris' daughter is going to open some kind of a museum with her fathers memorabilia at a different location.

Rumors are it will be torn down and made into a strip mall.


A developer would need to acquire more than just that 1/3 acre for a mall...:confused2: Have to be a U shape and very small at that.
The city should register it as a historic site and limit the uses to automotive.
I agree, Pete, the cost of doing business at a profit would seem high, but isn't everything in tinsel town expensive ?

Lee Stewart 08-15-2021 07:34 PM

https://i.postimg.cc/43t6wLrz/image.jpg

Is that a gas station to the left of the property?

BTW - the asking price is $4 million

Too Many Projects 08-15-2021 07:58 PM

Quote:

Originally Posted by Lee Stewart (Post 1559324)
https://www.yenko.net/forum/cache.ph...rz%2Fimage.jpg

Is that a gas station to the left of the property?

BTW - the asking price is $4 million


Yes, it is.

4 mil for prime, grandfathered, commercial automotive space seems rather reasonable for LA. A person would need to have a huge down payment, or cash to be able to afford the space for automotive work, but there seems to be plenty of multi millionaires lately spending stupid amounts on all sorts of cars. This would be a worthwhile piece of history to preserve and continue using.

427TJ 08-15-2021 08:16 PM

The original location from the Kustom heyday is down on Atlantic.

GrumpyJeff 08-16-2021 01:33 AM

Ill be in SoCal next week for a Custom Bike Show, may need to stop by that location for some pics of our bikes out front

67 Nova Boy 08-17-2021 03:56 PM

Are strip malls a good investment now?

Dave
67 Nova Boy


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