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8820 S Broadway
Los Angeles CA 90003 US

$1,200,000

Active Listing ID SB24077557
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$1,200,000

Active Listing ID SB24077557
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8820 S Broadway 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; $4500 for the auto shop, $2600 for auto repair, $1500 for tow/ storage, and $800 for welding. 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 8820 S Broadway
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90003
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 878
  • livingareaunits: Square Feet
  • listagentfullname: Alex Carranza
  • listagentemail: acarranza.info@gmail.com
  • listagentkey: 3yd-MRMLSCA-SBCARRALE
  • listagentmlsid: SBCARRALE
  • listagentpreferredphone: 5628431017
  • listagentofficephone: 5628431017
  • listofficekey: 3yd-MRMLSCA-s6669
  • listagentstatelicense: 02090613
  • listofficemlsid: s6669
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1940
  • listingcontractdate: 2024-04-19
  • listagenturl: http://southbay.yourkwoffice.com/home
  • countyorparish: Los Angeles
  • parcelnumber: 6040023012
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"simoncazares@kw.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"piatt@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/a6b3ed71ca7911e38cd722000b058362/20181012232049765.png", "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"(562) 843-1017", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"23670 Hawthorne Blvd", "ListBrokerageWebsiteUrl":"http://southbay.yourkwoffice.com/home", "ListOfficeAddress1":"23670 Hawthorne Blvd., #100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PCAZASIM", "ListOfficeCity":"Torrance", "ListOfficeCountry":"US", "ListOfficeEmail":"simoncazares@aol.com", "ListOfficePostalCode":"90505", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/SB24077557/?channel=rexren", "MLSModificationTimestamp":"2024-04-19T00:30:30Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2024 4:08:53 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Alex Carranza, Keller Williams South Bay, acarranza.info@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.