8612 S Broadway, Los Angeles, CA 90003
Commercial property
Sold March 2023
Listing Agent: Oscar Saenz De Leon (DRE #02054791) · Listing Office: Excellence RE Real Estate · Contact: 323-787-0505 · Bought with: Oscar Saenz De Leon · Excellence RE Real Estate · MLS #DW22012442 · Source: CRMLS
About this commercial property
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.
Listing description from the March 2023 sale, as reported to CRMLS.
Sale history