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$1,000,000
13 Days Online

8820 S Broadway
Los Angeles, CA 90003

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
878
SqFt
$1,139
/SqFt
1940
Built
County:
Los Angeles
Listed by Alex Carranza of Keller Williams Beach Cities 818-687-7632

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8820 S Broadway8820 S Broadway8820 S Broadway8820 S Broadway
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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.

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Listing Snapshot
Price 
$1,000,000
Days Online 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
878 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1953 Acres
Year Built 
1940
MLS® Number 
SB24077557
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Number of Stories 
1
Acreage 
0.1953
Water 
Public
Property Sub Type 
Special Purpose
Listing Conditions 
StandardTrust
Interior Features
Laundry Features 
None
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Exterior Features
Lot 
Item01 Unit AcreCorner LotNear Public TransitValue In Land
Community Features
MLS Area 
C37 - Metropolitan South


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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