$1,039,000
For Sale

4111 S Broadway

Los Angeles, CA 90037
Listing OfficeReavis Realty
Browse 8 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

5,250 SF multi-use, centrally-located property available for sale. The property consists of two adjoined buildings (front 3,000 SF & rear 2,250 SF) that is currently configured for single-tenant occupancy, but is easily divisible into four retail/industrial units, presenting a compelling opportunity to both the owner/user and investor. With 3 front entrances, 3 addresses, 3 restrooms, and 3 electrical panels, the front building is divisible into three 1,000 SF retail or industrial units. The northerly unit has been demised accordingly. Openings are in place which provide access to the rear, 2,250 SF concrete block industrial building, the rear loading area, and the rear yard. Efficient as both a single-user or multi-tenant facility, a buyer can occupy all or part, providing both built-in expansion capability and rental income. Located in a bustling, rapidly improving area, it also provides a compelling repositioning and value-add opportunity. Located less than a mile from USC, Bank of California Stadium, the Los Angeles Memorial Coliseum, and the Metro Silver and Expo Line stations, and seconds from the I-110 on/off ramps at MLK Blvd., the central, the property has major boulevard exposure with a traffic count of over 22,000 cars per day. The Opportunity Zone location also provides massive tax incentives.*Industrial uses subject to C2 zoning permitted uses buyer to independently verify.

  • Property Details
      • Stories1
    • Measurements
      • Acres0.1324
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1959
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,039,000
  • Other
      • MLS #24393055

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 90037