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8820 Broadway, Los Angeles

$1,000,000 - $1M Price - .2 Acres - 13 DOM

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.

Listing Agent
Alex Carranza - Keller Williams Beach Cities

Essential Information

For 8820 Broadway, Los Angeles
  • MLS® # SB24077557
  • Price $1,000,000
  • Bathrooms 0.00
  • Acres 0.20
  • Year Built 1940
  • Type Commercial Sale
  • Sub-Type Special Purpose
  • Status Active

Community Information

For 8820 Broadway, Los Angeles
  • Address 8820 Broadway
  • Area C37 - Metropolitan South
  • City Los Angeles
  • County Los Angeles
  • Zip Code 90003

Interior

For 8820 Broadway, Los Angeles
  • # of Stories 1

Exterior

For 8820 Broadway, Los Angeles

Lot Description

For 8820 Broadway, Los Angeles

0-1 Unit/Acre, Corner Lot, Near Public Transit, Value In Land

Additional Information

For 8820 Broadway, Los Angeles
  • Date Listed April 18th, 2024
  • Days on Market 13

Listing Details

For 8820 Broadway, Los Angeles
  • Agent Alex Carranza
  • Office Keller Williams Beach Cities

Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 6:50pm PDT. 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. 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, 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.