$1,699,995
8612 S Broadway, Los Angeles, CA 90003
5,669
Lot Size
Listing Agent
Oscar Saenz De Leon - Excellence RE Real EstateMajor price reduction and owner is willing to carry 20%. Property can be sold or Lease. Property sits near major development projects from Machester Projects to major housing programs. Location, location , location! Property is located near SoFi Stadium only 4.2 miles away and close to LAX. Please see major upcoming projects to neighborhood's building; One of them being Broadway-Manchester Project. The building is completely remodeled from the roof to the walls, inside and out. Brand new AC & heater recently installed. LC2, LC1.5, LC- The property is also well suited to be used (Medical clinics, retail stores, theater, banquet hall, cannabis business, concert hall, dance/art studio, school and many more). 2 Floors. Currently used as a church. The second floor that almost doubles the square footage and can be used for many uses as it includes: Stage, offices, bathrooms and storage rooms. Los Angeles is a growing city and with the arrival of new Stadium and new businesses, it makes this listing a potential for possible rezoning (Buyer to verify with city). Building includes bathrooms on the 1st and 2nd floor allowing easy accessibility. The second stage on second floor can be used for an entire second show while entertaining other guests in the main level. Also comes with two loading docks on back of building for easy access for loading and unloading. The subject property is ideal for those looking for a functional venue. For those interested in using the property as a church, current use permits are in- place and will remain with the property upon transfer. Property also has Parking that's currently lease to the Church by the City Of Los Angeles for a low annual fee. Parking lease has been in place for over 20 years.
Facts & Features
MLS® # | DW22012442 |
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Price | $1,699,995 |
Bathrooms | 0.00 |
Lot Size | 5,669 |
Year Built | 1921 |
Type | Commercial Sale |
Sub-Type | Special Purpose |
Status | Pending |
# Of Units | 1 |
Community Information
Address | 8612 S Broadway |
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Area | C37 - Metropolitan South |
City | Los Angeles |
County | Los Angeles |
State | CA |
Zip Code | 90003 |
Amenities
Utilities | Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Cable Connected, Phone Connected |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air |
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Cooling | Central Air, ENERGY STAR Qualified Equipment, Gas |
Has Basement | No |
Fireplace | No |
# of Stories | 1 |
Exterior
Exterior | Concrete, Drywall, Stucco |
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Lot Description | 0-1 Unit/Acre, Near Park, Walkstreet |
Roof | Shingle |
Construction | Concrete, Drywall, Stucco |
Additional Information
Date Listed | January 20th, 2022 |
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Days on Market | 68 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Agent | Oscar Saenz De Leon |
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Office | Excellence RE Real Estate |