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7320 S Broadway, Los Angeles, CA 90003

Commercial property · 2 recorded sales since 2018

7320 S Broadway, Los Angeles, CA 90003 Sold September 2022 CRMLS
$795,000Sold September 2022

Listing Agent: Dario Svidler (DRE #01884474) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Dario Svidler · Keller Williams Beverly Hills · MLS #22152847 · Source: CRMLS

2,376
Building Sq Ft
3
Units
6,240 sqft
Lot Size
1922
Year Built
C2-1VL-CPIO Tier 3
Zoning
Commercial property
Type

About this commercial property

We are proud to exclusively present for sale a bite-sized deal for either Retail Usage or Redevelopment in South Los Angeles. Currently there are two tenants that are month-to-month (with $3,300/month in income) so the property can be repositioned right away, which will make it attractive to both an Owner-User or Developer. The C2-1VL-CPIO Tier 3 zoning allows up to 29 residential units with no front setback. The current owner has preliminary plans to build a mixed-use project with 24 residential units (the set is available upon request). The property is located a few blocks South from the Broadway & Florence intersection and has easy access to 110 freeway. This opportunity is about 6 miles south of DTLA, about 3 miles south of Banc of California Stadium & LA Memorial Coliseum, and about 5 miles east of SoFi Stadium.

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$795,000
Sold September 2022 · listed $849,000, on market May 2022 · MLS #22152847 · Source: CRMLS
Listing Agent: Dario Svidler · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Dario Svidler · Keller Williams Beverly Hills
$589,000
Sold May 2018 · listed $599,000, on market February 2018 · MLS #DW18029352 · Source: CRMLS
Listing Agent: Gilbert Navarro · Listing Office: Intero Real Estate Services · Contact: 562-861-7242 · Bought with: Hector Moreno · Hector Moreno, Broker
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