$455,000
$450,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
5,762 Sqft Lot
SOLD DATE : 01/21/2025
Key Details
Sold Price $455,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24466941
Sold Date 01/21/25
HOA Y/N No
Year Built 1944
Lot Size 5,762 Sqft
Property Description
6310-6314 South Broadway presents an attractive investment opportunity in a strong and promising, supply-constrained market with various investment strategies! The Current Lot Offers a 750 SF Single Tenant Retail Building, a 3 Bedroom/1 Bath Single Family Residence, and a 400 SF Detached Garage. This is an Ideal Opportunity For an Owner/User to Maximize Value - Current Tenants Have Below Market Rents Offering an Investor Tremendous Upside Potential! There is 42.5 Feet of Retail Frontage on South Broadway on a Site That Sees More Than 22,000 Vehicles Per Day. C2-1VL-CPIO Zoning Offers Attractive Development Potential! New Owner Can Build Back +/- 13 Units By Right, and +/- 22 Units With TOC. Both the Retail and House Are Occupied Currently.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Fireplace No
Exterior
Community Features Gated
Total Parking Spaces 1
Building
Story 1
Others
Tax ID 6005022015
Security Features Gated Community
Special Listing Condition Standard
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Bought with Chandler Rockwell • Fred Leeds Asset Group Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "