Los Angeles, CA 90003 8820 S Broadway

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Presented By: Alex Carranza with Keller Williams Beach Cities; 818-687-7632
  • MLS# SB24077557
  • 04/18/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 878

Home Details

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.
Presented By: Alex Carranza with Keller Williams Beach Cities; 818-687-7632

Interior Features for 8820 S Broadway

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 8820 S Broadway

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeAutoBody, AutoParts, AutoRepairSpecialty, AutoService, AutoWrecking
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market33
DirectionsOff the 110. Cross Streets are Manchester Ave & Broadway
Expected Active Date 2024-04-19
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8509.0
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSpecialPurpose
Property SubTypeSpecialPurpose
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Street NameBroadway
View Y/NNo
Waterfront Y/NNo
Year Built1940
Year Built SourceAssessor

Exterior for 8820 S Broadway

Building Area Total878.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, CornerLot, NearPublicTransit, ValueInLand
Lot Size Acres0.1953
Lot Size Area8509.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $900,000
MLS#SB24077557
List Date 04/18/2024
Property Type Commercial
Phone 714.964.3311
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