8130 Broadway - Retail FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$1,500,000 USD
213-225-7223
8130 Broadway, Los Angeles, CA for Sale
$1,500,000 USD
Retail - FOR SALE
1/24
null | Request Cap Rate

NEW


8130 Broadway
Los Angeles, CA 90003
Canndu/Avalon Gardens


OVERVIEW

8112 and 8130 S Broadway consist of two contiguous parcels totaling 12,472 square feet on the northeastern corner lot. 8112 is comprised of two separate structures with a front commercial building and a rear residential bungalow which is directly north of, and adjacent to, the paved vacant lot on 8130. This property allows for an owner-user to operate out of the commercial structure, while living in or renting out the residential bungalow, as well as utilize the adjacent vacant, paved commercial lot for business purposes. As a development project, other similar sized sites allow for 75+ affordable units. As a market rate Tier 1 TOC development site, the property has potential for a maximum of 48 units. Broadway provides tree-lined streets along the center medians, providing excellent curb appeal for tenants and investors. With both properties being located on the corner, it will allow for minimal setbacks and the ability to design a project that encompasses natural light and airflow throughout. 8112 and 8130 S Broadway is strategically located one block east of the 110 Freeway providing easy access to downtown Los Angeles while catering to hundreds of thousands of tenants or potential customers in the neighborhood and is a well-positioned property with high rental demand that is nearby significant employment opportunities. Buyer shall complete their own due diligence to determine the development potential. Contact listing broker for additional information.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$681 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,472 SF

ZONING

LAC2

APN/PARCEL ID

6031-029-017

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.