5100 S Broadway - Churches FOR SALE


Los Angeles, CA 90037- Vernon-Main
$12,000,000 USD
310-462-6778
5100 S Broadway, Los Angeles, CA for Sale
$12,000,000 USD
Churches - FOR SALE
1/16
null | Request Cap Rate

5100 S Broadway
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • HIGHLY VISIBLE AND ACCESSIBLE LOCATION
  • FEATURES BEAUTIFUL ARCHITECTURAL DETAILS THAT ADDS TO THE PROPERTY'S CURB APPEAL
  • EXPANSIVE 35,644 SQUARE FEET ADJACENT PARKING LOT INCLUDED IN THE SALE
  • POTENTIAL FOR ADDITIONAL INCOME FROM LEASING OUT PARKING SPACES FOR EVENT OR OTHER COMMERCIAL ACTIVITIES
  • CONVENIENTLY LOCATED NEAR BUS LINE AND FREEWAYS

OVERVIEW

This commercial property located at 5100 S Broadway, Los Angeles, CA 90037 is a spacious and well-appointed building which has been utilized as a church for over 50 years. The property boasts a generous 23,000 square feet of land and a three story building structure that covers 34,374 square feet of floor space. Situated on the corner of 51st and Broadway, the property is highly visible and easily accessible. The interior of the church features beautiful architectural details that adds to the property's curb appeal. The interior of the church is spacious and welcoming, with a large worship area and separate baptismal pool area that can accommodate a significant number of congregants. There are also several ancillary rooms throughout the three story building that are currently being used as classrooms, meeting spaces, administrative offices, including a kitchen, fellowship hall, storage rooms and 11 restrooms. One of the standout features of the property is the expansive 35,644 square feet adjacent parking lot, which is included in the sale. This provides ample space for visitors, members, and staff to park, as well as potential for additional income from leasing out parking spaces for events or other commercial activities. Overall, this commercial property at 5100 S. Broadway and the adjacent parking lot, presents visible and accessible location in Los Angeles. The generous lot size, ample parking and well-maintained building make it an attractive option for a variety of commercial uses. DISCLAIMER: A prospective buyer/developer should conduct their own independent investigation of development potential of the site and verify all of the information. Seller is not making any representation or guarantee as to the accuracy of the information.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$349 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1934

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

22,897 SF

ZONING

LAC2

APN/PARCEL ID

5110-026-035

ASK ABOUT THIS PROPERTY

310-462-6778

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310-462-6778

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