80
  • Property Type
  • Commercial Sale
  • Area Size
  • 1940
  • Year Built
8820 S Broadway, Los Angeles, CA 90003
  • $1,000,000
  • $1,139

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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Sankofa Global Realty
  • Sankofa Global Realty

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