8620 S Broadway - Storefront FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$899,000 USD
310-866-0444
8620 S Broadway, Los Angeles, CA for Sale
$899,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

8620 S Broadway
Los Angeles, CA 90003
Canndu/Avalon Gardens


HIGHLIGHTS

  • Freestanding commercial building
  • Delivered vacant – immediate occupancy
  • Approx. 4,469 SF building
  • Approx. 5,672 SF lot
  • High-visibility corner location
  • Excellent street frontage and signage opportunity

OVERVIEW

Rare opportunity to acquire a freestanding commercial building in a highly visible South Los Angeles location. Delivered 100% vacant, this property provides immediate occupancy for an owner-user or an excellent value-add opportunity for investors and developers. The building features approximately 4,469 SF on a 5,672 SF lot, offering an open floor plan that can accommodate a wide variety of commercial uses including retail, showroom, warehouse, distribution, creative office, fitness, religious facility, or other business operations (buyer to verify permitted uses). The property offers outstanding street presence with excellent frontage on busy Broadway, a roll-up door, rear yard, and convenient access for loading and deliveries. Its strategic location provides excellent connectivity to Downtown Los Angeles, major freeways, and public transportation, making it an ideal location for both customers and employees. For developers, this site presents an exciting long-term opportunity. Based on current zoning and development standards, the property may offer the potential for a high-density residential or mixed-use redevelopment project (buyer to independently verify zoning, density, entitlements, and development potential with the City of Los Angeles).

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broadway Beauty Supply Wigs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,670 SF

ZONING

LAC2

APN/PARCEL ID

6040-013-016

ASK ABOUT THIS PROPERTY

David MaghenMIP Investment CorpMore Info
310-866-0444

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David MaghenMIP Investment CorpMore Info
310-866-0444

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