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Buildings By Owner | Buy, Sell & Lease Commercial Real Estate. Privately.
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Home For Sale California los angeles 5940
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Religious Facility For Sale By Owner

PROPERTY OVERVIEW




8612 South Broadway, los angeles, California 90003 United States
Description

8612 South Broadway in Los Angeles, California. This sale offers the opportunity to purchase a
functional and beautiful venue completely remolded from roof to floor in Southern
Los Angeles.

The subject property, originally constructed as a theatre, is comprised of a two story building
that is currently used as a church. The building footprint measures 4,998 square feet and the
second story is approximately 3,402 square feet, which gives the property a total of 8,400 square
feet of improved building area. The principal space of the building is light and open providing
for excellent visibility of the elevated stage at the rear of the building. The space can
comfortably sit 350+ people and is approved for 619 people. In addition to the stage and seating
area, the downstairs also has an office build out of approximately 1,200 square feet. The upstairs
has been built out with an open gathering space, offices, a kitchen, restrooms and utility rooms.

Parking is by way of agreement for two adjacent parking lots which are owned by the city of Los
Angeles. The agreement has been in place for over 20 years and does not cost anything; the owner of
the property must renew the agreement every two years. The two parking lots are paved, fenced and
provide for approximately 100 parking spaces.

Located at Broadway and Manchester Avenue, the property is centrally located in Los Angeles County
and is immediately adjacent to a freeway access point.

The subject property is ideal for those looking for a functional venue with a lot of character. For
those interested in using the property as a church, current use permits are in- place and will
remain with the property upon transfer. The property is also well suited to be used as a banquet
hall, performing arts center, reception area, theatre, as well as
many other uses.

8612 South Broadway offers the opportunity to purchase a functional and unique venue with excellent
access in Southern Los Angeles.
Priced at $1,500,000

Price: $1,500,000
Property Sub-Type: Religious Facility
Cap Rate: NA %
Total Lot Size : .50 Acres
Year Built : 1940
No of Parking Stalls: 100
Occupancy: 619 %
Listing ID: 5940

Map of: 8612 South Broadway, los angeles, California 90003 United States

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