8820 S Broadway, Los Angeles, CA 90003

  • $1,000,000
  • $1,139
8820 S Broadway, Los Angeles, CA 90003
  • Commercial Sale
  • Property Type
  • 1940
  • Year Built
For Sale
8820 S Broadway, Los Angeles, CA 90003
  • $1,000,000
  • $1,139

Overview

Property ID: SGR-29839979
  • Commercial Sale
  • Property Type
  • 1940
  • Year Built

Description

In business for over 35 years and an expansive clientele, this rare investment opportunity presents a thriving mechanic shop strategically located on Broadway, near Manchester. Boasting a coveted position in a high-traffic area, this property offers significant potential for both investors and owner-users alike. An 878 square foot building situated on an expansive 8,507 square foot lot. Currently operated as a successful owner-user auto shop, generating a monthly gross revenue of $20,000 to $25,000. Well-established within the neighborhood with a loyal clientele base. Additional income streams from three included tenants, enhancing the property’s cash flow potential. The owner does not intend to continue as a tenant post-sale, providing a seamless transition for a new owner. Property can be delivered vacant or sold in its current condition, offering an opportunity for investors to customize and enhance according to their vision. Prime location ensures enduring value and continued demand in the local market. Don’t miss the chance to secure this lucrative investment or owner-user opportunity in one of the most sought-after auto corners. Whether you’re an investor seeking reliable income or an entrepreneur looking to establish or expand your business, this property promises exceptional potential and enduring value. Per city, a 20 unit apartment building can be developed. Buyer to verify.

  • Address 8820 S Broadway
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90003
  • Area C37 - Metropolitan South
  • Country United States

Details

Updated on May 4, 2024 at 6:17 am
  • Property ID: SGR-29839979
  • Price: $1,000,000
  • Land Area: 8509.00 m²
  • Year Built: 1940
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 878.00
  • MLS#: SB24077557
  • Office Name: KELLER WILLIAMS BEACH CITIES
  • Agent Name: Alex Carranza
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Keller Williams Beach Cities
  • Co-Agent Name: Carolina Hernandez
  • Agent State License: 02090613
  • Co-Agent State License: 01943679
  • IDX Contact Info: 818-687-7632

Additional details

  • County: Los Angeles
  • Property SubType: Specialty
  • Water Source: Public

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