$1,699,995

8612 S Broadway, Los Angeles, CA 90003

5,669

Lot Size

Listing Agent
Oscar Saenz De Leon - Excellence RE Real Estate

Major 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
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
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
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air, ENERGY STAR Qualified Equipment, Gas
Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Concrete, Drywall, Stucco
Lot Description 0-1 Unit/Acre, Near Park, Walkstreet
Roof Shingle
Construction Concrete, Drywall, Stucco

Additional Information

Date Listed January 20th, 2022
Days on Market 68
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentOscar Saenz De Leon
OfficeExcellence RE Real Estate

Listing Map

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