8612 S Broadway, Los Angeles, CA 90003

$1,624,995
List Price
$1,624,995
Price Change
▼ $75,000 1656413810
Status
PENDING
MLS#
DW22012442
Year Built
1921
Lot Size
5,669
Acres
0.1301
Lot Location
Item01UnitAcre, NearPark, Walkstreet
Days on Market
133
Property Type
Commercial
Property Sub Type
SpecialPurpose

Property Description

Major price reduction. . 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.

Additional Information

Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air, ENERGY STAR Qualified Equipment, Gas
Exterior Construction
Drywall, Concrete, Stucco
Roof
Shingle
Water
Public
Attached Structure
Detached
Number Of Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Oscar Saenz De Leon (oscarsaenzdeleon@downeyexcellence.com) from Listing Office: Excellence RE Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.