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$1,039,000
5,250 Sqft
5,769 Sqft lot

4111 S Broadway, Los Angeles, California 90037

  • Commercial Sale Property Type
  • 30 Days Time on market
  • $198 Price per sqft
  • 1959 Year Built
Property 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.

Basic Details
Commercial Sale
Buy
24393055
$1,039,000
5,250 Sqft
1959
5,769 Sqft
Active
Condos/Co-ops
Features
2
$0
Address
CA
Los Angeles
Los Angeles
90037
4111 S Broadway
4111
0
W119° 43' 16.7''
N34° 0' 31.6''
S
Additional Information
30
1
0
5,250 Sqft
0 Sqft
0 Sqft
0.13 Sqft
5,769 Sqft
0 Sqft
LAM1
5111005015
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
16/05/2024 16:33:46
$0
: Standard
South of MLK, North of Vernon, East of the 110, West of Main.
Reavis Realty
Mark Reavis
CLW-X82347
CLW-X60767
$0
1
US-06037-N-5111005015-R-N
16/05/2024 23:45:43
Broadway
C42 - Downtown L.A.
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