ATTENTION INVESTORS, GOLDEN OPPORTUNITY TO OWN A RESTAURANT BUILDING AND BUSINESS (EL PAISSA RESTAURANT), CONVENIENTLY LOCATED NEAR USC CAMPUS, LOS ANGELES COLISEUM, DOWNTOWN LA AND MAIN FREEWAYS! SELLER PREFERS TO SELL AS A PACKAGE WITH CONTIGUOUS FOURPLEX. BECOME THE NEW OWNER OF INCOME PROPERTY AND A BUSINESS ON THIS HIGH DEMAND AREA!!!
1300 sqft of retail space for lease. Current tenant is a 99 cent convenient store. Perfect for insurance agency, real estate office, retail store, etc. 10 shared parking spaces. Located on the corner of Vermont and 54th St. Minutes away from 110 freeway. NNN Lease.
Very motivated seller!! A very well-located and turn key general merchandise store for sale. About 4,900sf spacious store with heavily trafficked street. EDB is already set up. New apartment and motel cross street will make more traffic in the future. You can expand your business as much as you can with a more merchandise. Your great opportunity to manage your own business.
5,250 SF multi-use, centrally-located property available for sale. The property consists of two adjoined buildings (front 3,000 SF & rear 2,250 SF) that is currently configured for single-tenant occupancy, but is easily divisible into four retail/industrial units, presenting a compelling opportunity to both the owner/user and investor. With 3 front entrances, 3 addresses, 3 restrooms, and 3 electrical panels, the front building is divisible into three 1,000 SF retail or industrial units. The northerly unit has been demised accordingly. Openings are in place which provide access to the rear, 2,250 SF concrete block industrial building, the rear loading area, and the rear yard. Efficient as both a single-user or multi-tenant facility, a buyer can occupy all or part, providing both built-in expansion capability and rental income. Located in a bustling, rapidly improving area, it also provides a compelling repositioning and value-add opportunity. Located less than a mile from USC, Bank of California Stadium, the Los Angeles Memorial Coliseum, and the Metro Silver and Expo Line stations, and seconds from the I-110 on/off ramps at MLK Blvd., the central, the property has major boulevard exposure with a traffic count of over 22,000 cars per day. The Opportunity Zone location also provides massive tax incentives.*Industrial uses subject to C2 zoning permitted uses buyer to independently verify.
The subject property is a mixed-use retail and residential building sitting at 7,500 SF on an estimated 5,617 SF lot. 5314 S Broadway currently consists of two (2) ground level retail storefronts and two (2) residential units located on the second floor. Additionally, in the rear of the building sits a detached structure that is used for storage/parking. With 75% of the building currently vacant, this presents an excellent opportunity for investors seeking over a 7% pro forma cap rate. Immediate market rents can be attained for both the retail and residential units. Furthermore, this offering is well-suited for owner-users interested in leveraging SBA financing, requiring as little as a 10% down! An owner-user has the option to occupy 51% of the premises while leasing out the remaining space for supplemental income.*Per title, building square footage is 5,869. Buyer to perform own due diligence and verify all information.
Welcome to the most exceptional commercial lot on the market! Introducing a prime commercial lot in an unbeatable location! This LAC2-zoned property features a spacious 6000 sf lot with a 2-car garage and a 720sf office building built in 2009. Currently a successful car dealership, this commercial paved lot is a fantastic opportunity for investors, developers, and business owners. For over a decade, this esteemed location has served as a thriving car dealership, cementing its position as a trusted establishment within the community. Its tremendous success and longevity have made it a byword for reliability and value. Situated in a thriving opportunity zone with excellent transit access, this property won't last long. Don't miss out on this incredible chance to own a versatile space with endless potential.
REDUCED To Sell! We are proud to exclusively present for sale a free-standing Retail Property with Development Potential, perfect for owner-user, investor, or developer! This prime retail property is situated on a signalized corner on Broadway at 54th Street. The property benefits from tremendous visibility, featuring 50 feet of frontage on Broadway and 130 feet on 54th St. The property is currently owner-occupied and will be delivered vacant at the close of escrow. The property is currently operating as a Marijuana Dispensary. The site is perfectly suited for an Owner-User and seems well situated for the possibility of housing a Marijuana Dispensary or other Marijuana Use. The property's generous parking provisions is comprised of 9 side-by-side parking spaces, (including one accessible space) as well as a tandem space that can accommodate up to 3 vehicles. The owner has invested in significant capital improvements as the property has undergone thoughtful updates over the years, including the installation of newer windows, electrical system enhancements, and a completely paid-off Solar Panel System. The C2-1VL- CPIO Tier 2 zoning designation and is ED1 Eligible allows for potential development of up to 28 +/- Units, which would translate to just around $32K per door, making the site perfect for Low Income Housing. The property has easy access to the 110 freeway, a Very Walkable designation by Walk Score and lots of restaurants and retail in the area. The building features roll-down doors, protected windows and gated parking, ensuring both safety and convenience for its future occupants.
PRICE REDUCTION TO $280,000.00 DO NOT MISS THIS GREAT OPPORTUNITY! The restaurant was established more than 20 years ago. It is well-known in the community and very successful. It has a HIGH Volume of Take Out Orders. The restaurant is EBT Approved. The location allows for excellent foot traffic and maximizing exposure. Conveniently located right across schools and residential areas.
**BACK ON THE MARKET** The commercial property located at 5100 S. Broadway, Los Angeles, CA 90037 is a spacious and well-appointed building currently used as a church. The property boasts a generous 23,000 square feet of land and a three story building structure that covers 34,374 square feet of floor space. Situated on the corner of 51st Street and Broadway, the property is highly visible and easily accessible. The church building features beautiful architectural details that adds to the property's curb appeal. The interior of the church is spacious and welcoming, with a large worship area and separate baptismal pool area that can accommodate a significant number of congregants. There are also several ancillary rooms throughout the three story building that are currently being used as classrooms, meeting spaces, administrative offices, including a kitchen, fellowship hall, storage rooms and 11 restrooms. One of the standout features of the property is the expansive 35,644 square feet adjacent parking lot, located at 5012 S. Broadway, is included in the sale. The parking lot provides ample space for visitors, members, and staff to park, as well as potential for additional income from leasing out parking spaces for events or other commercial activities. Overall, this commercial property at 5100 S. Broadway and the adjacent parking lot at 5012 S. Broadway, presents a rare opportunity for a church or other organization seeking a large, well-appointed space in a highly visible and accessible location in Los Angeles. The generous lot size, ample parking, and well-maintained building make it an attractive option for a variety of commercial uses. DISCLAIMER: A prospective buyer/developer should conduct their own independent investigation of development potential of the site and verify all of the information. Seller is not making any representation or guarantee as to the accuracy of the information.
A retail shopping center, conveniently close to downtown Los Angeles and major entertainment/sports venues like Walt Disney Music Hall, Civil Center, Crypto Arena (formerly Staple Center), Dodger Station, and more. It features a 15,470 sq. ft. building on a 34,553 sq. ft. lot, zoned [Q]C2-1VL-CPIO, with excellent visibility and ample parking, including street options. Easily accessible, just minutes from the 110 and 10 freeways. Currently leasing Retail Space #1 (600 sq. ft.). Kiosk Space (100 sq. ft.) is negotiable. Monthly CAM fee: $0.45 per square foot..
The median home value in Los Angeles, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Los Angeles, CA is $681,800. Approximately 34.45% of Los Angeles homes are owned, compared to 59.14% rented, while 6.42% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90037 has a population of 3,949,776. Los Angeles 90037 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Los Angeles, California 90037 is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Los Angeles 90037 is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.