This is an investor's dream with lots of upside potential with a little tlc . This apartment building has six one bedrooms 1 bath units with landscaping. Some units have been freshly painted with new flooring. You will love how some units have a front yard and side yards for family gatherings and events. The cap rate of 5% based current rents so it's tons of upside potential. Offers to made subject to interior inspection. please do not distrub the tenants Ms
Partners CRE are proud to present for sale a perfect Owner-User opportunity in the El Salvador Community Corridor of Pico Union.Walk Score calls this area a Walker's Paradise with Good Transit and Very Bikeable. The property is perfectly situated to run a business with great street exposure and alley access.Zoned C2-2D-CPIO Tier 3, the building features 1,573 SF of space with a 350 SF parking area in back, with a gate to the alley.The densely populated community is the first and most important step for the success of most businesses! This ideal location allows for instant storefront exposure that will lead curious neighbors to become regular patrons! Do not miss out on instant exposure and a ready-built customer base!
**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.
APPROXIMATELY 9,000 SF LCM1 ZONED STRIP RETAIL BUILDING. LOCATED AT THE SIGNALIZED CORNER OF WHITTIER BLVD. & KERN AVE., WITH APPROX. 60 FT OF FRONTAGE ALONG WHITTIER BLVD. LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE WITH GREAT FOOT & CAR TRAFFIC COUNTS; 26,000 CARS PER DAY. GOOD DEMOGRAPHICS: OVER 45,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 280,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS. GREAT OPPORTUNITY FOR AN OWNER/USER OR INVESTOR WITH A TENANT(S) IN MIND AND UPSIDE IN RENTS. MANT POTENTIAL. LOWER THAN CURRENT MARKET RATE. THERE IS A POSSIBILITY THAT THIS AREA WILL BE CONVERTED INTO ZONING THAT CAN BUILD RESIDENTIAL FACILITIES, ETC. IN THE FUTURE. PLEASE DO NOT DISTURB TO OCCUPANTS. DRIVE BY ONLY. SUBJECT TO INSPECTION.
Subject to Escrow Cancellation due to Buyer's failure to perform. Development Opportunity!! Two Churches with Two Individual Sanctuaries in one lot. All can be individually ran or be a part of a much larger congregation. In a bustling market where specialty buildings are becoming short in supply, this 21,831 sq. ft. complex will definitely fit your organization's needs. The first church has ample seating for up to 300 guests, an A/V room, two pastor/minister offices, a commercial kitchen and dining room that can serve approximately 75+ patrons. The second church(currently leased at $6K/mo) sits on the second level of a nursery/school, and can comfortably seat up to 200 guests. The second church also comes equipped with a kitchen, pastor's office, and A/V room. Both church exits lead to the the third church, that features a nursery/school with four classrooms, a recreation hall, a commercial grade kitchen, a laundry room, three bathrooms, and two storage closets. Additionally, with a parking lot that includes over 40+ parking spaces, you will never run out of space for your guests while hosting events. Currently, the church rents unused space to other organizations on weekends, bringing in an average of $5K of extra income per month. The excess parking allows for building conversion to multi-family units (Up to 54 units according to LA Planning), or other types of businesses such as shelter, community outreach, or school. Buyer and/or Buyer's agent to conduct their own investigation and to verify information until satisfied.
NEW Starting lease rate at $4.00 with a scale up program to market rent of $6.00 for lease terms from two to ten years - Beautiful Bow Truss Ceiling construction with polished concrete flooring and concrete walls (reminiscent of Old LA architecture). The wide open floor plan has 6,300 sf on the ground floor and 1,400 sf on the three mezzanine areas in the back area next to the rollup door leading to the alley. A Fantastic location sandwiched between Hancock Park (established high-end residential community), The Miracle Mile (highest density corridor in all of L.A.) and Museum Row. There are major new developments built, under construction or in final planning stages - such as - The Wilshire-La Brea Metro Station, 8 story Mix use project directly across the street with 125 unit hotel, 121 luxury apts. and retail/commercial on the ground floor, The Academy Museum of Motion Pictures approved new development and multiple high density residential projects. Some of the neighboring communities and landmarks include: Hancock Park / Greater Wilshire areas prestige's single family neighborhood, Miracle Mile - most densely populated area in all of LA (with high rise Luxury Apartments, Professional offices, boutique stores and restaurants), Museum Row with The Los Angeles County Museum, The Peterson Automotive Museum (among other great Museums), the El Rey Theater, the La Brea Tar Pits, Farmers Market and the Grove just to mention a few. Demographics are off the charts w-high net worth residence with income levels well above $120,000 and high property values with starter homes at $1 mill plus.
A super cornet lot facing busy Avalon Blvd. Very high traffic area for your business visibility. Last use was a tire shop but can suit any kind of business. Please verify with the city.
Property office has been remodeled and has two bathrooms. One on the inside and one outside for direct access for workers. Plans have been submitted and approved to add three separate garage bays. Property is on a large corner lot and has an electric security gate. Property also comes with a billboard sign that produces income. Current leases for $700 per month. Seller is willing to carry first trust deed. Seller will also provide soil report.
HIGH TRAFFIC LOCATION IN METRO LOS ANGELES AREA - CLOSE TO MAJOR FREEWAYS- CLOSE TO DOWNTOWN LOS ANGELES - THIS A GREAT CORNER LOT WITH ACCESS OFF CENTRAL OR 50TH STREET - ZONING IS RETAIL OR MIXED USE - MOST IMPORTANT PLANS ARE ALMOST FINISHED FOR A DRIVE THROUGH COFFEE BAR PLUS THERE IS ROOM FOR OUTSIDE SEATING
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..
Over an acre lot, 56,177 sqft lot, 46,079. Sqft building The perfect investment for the right buyer
Unique 2 Story- 3,330 SF Building Previously Used for Transitional Housing-First Floor Consist of 6 Rooms and 4 Bathrooms, a Meeting Room, Laundry room, Kitchen, Dining Area and Storage Room-2nd Floor had 8 Rooms and 2 Bathrooms, a Meeting Room And Sitting Area-Perfect Owner/User Building for a Small Company or Possible Motel/Hostel/SRO. Check with City for Possible Uses-
FREE STANDING RETAIL BUILDING @ 3200 Sf. with ample parking. Please drive by.The lot size - 13821 Sf. A single tenancy, currently a Supermarket. The property is sold with vacant procession at close of COE. This City is one of the fastest growing district. If you drive around the location, modern multifamily condos are coming up all over the place. USC is just mins away from this place. The location is ideally close to Downtown with easy commute. Buyer is advised to do his own due diligence verifying the size and condition of property. Seller and Seller’s agent is not aware of the accuracy of the size and other condition as shown in the public Record.
GREAT LOCATION ON SLAUSON AVENUE AND 8TH STREET AND A STOP LIGHT CONTROLLED INTERSECTION - CURRENTLY IS A MINI MARKET THAT HAS A DRIVE THROUGH WINDOW THERE IS A SECOND BUILDING THAT IS BEING USED AS RECORDING STUDIO - THEIR IS ENGRESS AND DEGRESS ENTRANCES ON 8TH STREET AND SLAUSON AVENUE - THEIR ARE PLANS AVAILABLE TO CONNECT TO 2 BUILDINGS WITH AN ADDITIONAL 1700 SQFT WITCH WOULD BRING THE TOTAL SQUARE FOOTAGE TO ABOUT 2300 SQUARE FOOT - IDEAL FOR EXSPANSION OR REDEVELOPEMENT
THE SUBJECT BUILDING IS LOCATED RIGHT OFF MANCHESTER WHICH IS STOP LIGHT CONTROLLED - THIS A HIGHLY VISABLE LOCATION WITH LOTS TRAFFIC - THERE ARE 2 VACANCIES BUT THE RENTS COULD BE $15OO MONTH SO THE GROSS INCOME WOULD BE $108,000
THIS BUILDING MUST BE PURCHASED CONCURRENTLY WITH THE BUILDING NEXT DOOR 8852 S WESTERN-THE ADJACENT 8856 S WESTEN BUILDING ARE ALSO FOR SALE - THIS COMMERICAL (ZONED C2) BUILDING CONSISTS OF ABOUT 2132 OF COMMERICAL/OFFICE SPACE WHICH ALLOWS FOR NUMEROUS RETAIL AND/ OR OFFICE USES PLUS A SECOND FLOOR APARTMENT OF APPROXIMATELY 750 SQFT THE ADJACANT TO PARCELLS ARE ALSO AVAILABLE - THE PROPERTY IS NOW RENTED ON A MONTH-TO-MONTH BASIS AND AND COULD BE DELIVERED VACANT AT THE CLOSE OF ESCROW- THE PROPERTY IS LOCATED IN FRONT OF BANK OF AMERICA AND SUPERIOR MARKET AND ISLESS THAN ONE MILE AWAY FROM THE NEW SOFI STADIUM AND HOLLYWOOD PARK - THE BUILDING HAS 2 DOORS ONE ON WESTERN AVENUE AND THE OTHER ON THE PARKING AREA IN BACK OF THE BUILDING WHICH CAN ACCOMADATE UP TO 8 CARS PLUS A FRONT AREA FOR 4 CARS THAT IS 12 PARKING SPACES - THE PROPERTY HAS A NEW ROOF PLACED 2 YEARS AGO AND IS IN VERY GOOD CONDITION
THIS BUILDING MUST PURCHASED WITH THE 2 ADJACANT BUILDINGS WHICH ARE 8850 S WESTERN AND 8856 S WESTERN - COMMERICAL ZONED C2 BUILDING CONSISTS OF 4 RETAIL STORES AND EACH IS APPROXIMATLEY 1,125 SQUARE FEET - THE 2 ADJACANT BUILDING ARE FOR ALSO FOR SALE - PROPERTY IS LOCATED IN A VERY BUSY AREA IN SOUTH LOS ANGELES - AND IS CURRENTLY RENTED OUT ON A MONTH TO-MONTH BASIS - THE STORES HAVE A MEZZANINE STORAGE AREA - THE BUILDING IS LOCATED IN FRONT OF BANK OF AMERICA AND SUPERIOR MARKET AND IS LESS THAN ONE MILE AWAY FRON THE NEW SOFI STADIUM AND HOLLYWOOD PARK - EACH STORE HAS A SEPARATE BATHROOM WITH SHOWER- EACH STORE HAS TWO DOORS ONE ON WESTERN AVENUE AND THE OTHER ON THE PARKING AREA LOCATED IN THE BACK OF THE BUILDING WHICH CAN ACCOMMADATE UP TO 6 CARS PLUS THERE IS ALLEY PARKING - THE PROPERTY HAS A NEW ROOF THAT WAS REPLACED 2 YEARS AGO AND IS IN VERY GOOD CONDITION
THIS BUILDING MUST BE PURCHASED WITH THE 2 ADJJACANT BUILDING NEXT WHICH ARE 8850 S WESTERN AND 8852 S WESTERN - BUILDING IS USED AS WAREHOUSE SPACE OF APPROXIMATEY 5000 SQUARE FEET IN A VERY BUSY AREA OF SOUTH LOS ANGELES. THE TWO ADJACANT BUILDINGS ARE AVAIABLE ALSO - THE WAREHOUSE CONSISTS OF SEPARATE SHOW ROOMS AND IS SUITABLE FOR ANY WAREHOUSE/SHOW INDUSTRY - THE WAREHOUSE IS LOCATED ACROSS FROM BANK OF AMERICA AND SUPERIOR MARKET AND IS ABOUT A MILE FROM SOFI STADIUM AND HOLLYWOOD PARK - THE WAREHOUSE HAS ABOUT A 450 SQFT LIVING QUARTER AND CONSISTS OF ONE BEDROOM A KITCHEN AND BATH AND SHOWER - THE WAREHOUSE HAS ATOTAL OF 2 BATHROOMS AND 2 SHOWERS - THE WAREHOUSE HAS AN ADDITIONAL 1000 SQFT OF ATTIC STORAGE SPACE - THE WAREHOUSE HAS TWO DOORS, ONE ON WESTERN AVE AND THE OTHER IS ON THE ALLEY BEHIND THE BUILDING WITH AMPLE PARKING - THE IS AN ADTTIONAL 700 SQUARE BUILDING RENTED OUT TO SPRINT MOBILE FOR $1200 PER MONTH
IDEAL FOR A MAJOR DEVELOPMENT PROJECT - THE SUBJECT PROPERTY IS LOCATED ON A HIGH TRAFFIC STREET THAT WILL HAVE A MICROLINK LINE IN FRONT IN THE FUTURE - A MICROLINK STOP WITHIN HALF A BLOCK ON NORMANDIE - THE BUILDINGS ARE ON 6 LOTS - THERE IS ALLEY ACCESS - THE BUILDING SQUARE FEET IS FROM THE TAX ASSESSORS TAX ROLLS - AGENTS AND BUYERS BUYERS TO VERIFY WITH THE CITY - THE PROPERTY IS ZONED COMMERICAL AND IS VERY CLOSE TO MAJOR SHOPPING
City Zoning LAM 3(Heavy Manufacturing) and located 5 min. from Los Angeles downtown.
Build your new property. Currently 2 Units in this lot. 1 Unit on the first floor has 3 bed/1 bath, a totally separated studio unit on the 2nd floor with 1bed/1bath. You can just tear it down and build 4 units new home. The floor plan of this new five level building has five suites on each floor (from 2nd floor to 5th floor) and parking garage on the ground floor. Nice location in Korean Town. Just minutes to Down Town and Hollywood. Easy access to the 101 Fwy. Excellent Investment! Don't miss this nice home!!
A classic Spanish Revival building, 2050 Dracena Drive brings a unique opportunity. The 20-unit multifamily building is located on a large, 11,240 SF lot at the center of Los Feliz, near a multitude of local restaurants and shopping including Albertsons, Blue Bottle Coffee, Cafe Los Feliz, Freds, and Alcove Cafe. The property is master metered, allowing annual 5% rent increases. The unique layouts of the units provide tenants with ample storage space, with some units featuring a walk in closet, den, and large pantry. The entire building boasts original hardwood floors, individual AC units, open living space, full designer bath and modern kitchen with butcher block counter tops. Griffith Park, Silver Lake Reservoir, and Hollywood surround the property on each side, providing residents the ultimate East LA location.
Rare opportunity to own a 16 unit multi-family building in the heart of Hollywood! Same owner for the past 30 plus years!! This charming Spanish style two story is between Hollywood and Sunset, walking distance to shops, restaurants, and Barnsdall Art Park. Building includes 12 charming studio units and 4 one bedroom, one bath units. Manager's unit is on site to allow for easy access to your tenants and comes with two vacant units. No parking is available, but the walkability of the area makes the building is very desirable to future tenants. Owner is in charge of gas, electric, and water. Don't miss this great investment opportunity with major up-side!
MOTIVATED SELLER - Mixed-use Retail / Residential building - Fully equipped restaurant with a Type 41 Liquor License (Beer & Wine) - Two (2) Apartments: Two (2) Bedrooms & One (1) Bathroom each - Iron Fence Workshop - 15 Parking Spaces with alleyway access - Gated Lot - Approximately 5,000 square feet of improvements - Approximately 12,105 square feet of land The Sixth Street Bridge construction project will soon connect Boyle Heights to the Arts District via Whittier Boulevard making this a prime opportunity for an owner-user / investor.
The median home value in Los Angeles, CA is $1,050,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $1,050,000. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% 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 has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.