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4111 S Broadway Los Angeles CA 90037 MLS #24393055

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.

Property Details

Price:
$1,039,000
MLS #:
24393055
Status:
Active
Baths:
0
Address:
4111 S Broadway
Type:
Commercial
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
May 16, 2024
State:
CA
ZIP:
90037
Year Built:
1959

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Parking Spots
2.00
Stories Total
1

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