Homes For Sale In California

$1,000,000
8,509 Sqft Lot
Visits : 14 In 29 Days

8820 S Broadway, Los Angeles, California 90003

  • Commercial Sale Property Type
  • 20 Days Time On Market
  • 1940 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
SB24077557
$1,000,000
1940
8,509 Sqft
Active
Specialpurpose
Features
$0
Address Map
California
Los Angeles
Los Angeles
90003
8820 S Broadway
0
W119° 43' 19.8''
N33° 57' 23.9''
Additional Info
$0
878 Sqft
: Auto Body, Auto Repair-specialty, Auto Service, Auto Parts, Auto Wrecking
$0
20
20
$0
: Near Public Transit, Corner Lot, Item01unitacre, Valueinland
$0
6040023012
: Standard, Trust
1
$0
$0
No
No
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No
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