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4500 S. Broadway

Los Angeles , California 90037

Listing Type:
For Sale
Listing Price:
$2,895,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1911
Listing Status:
Active
Building Size:
13500 SqFt
Land Area:
0.32 Acres

Description:

KW Commercial is pleased to present this 13,500 SF 2-Story Mixed-Use: Retail / Residential building on 14,131 SF C2 zoned tier 3 corner lot. The lot provides excellent frontage; 98 feet along Broadway and 141 feet along 45th St.
The ownership has installed new electrical, new plumbing, new HVAC systems, upgraded to 800 AMP electrical panels, upgraded to a 2 inch water meter, installed water sub-meters, replaced the windows, installed gates, & placing new stucco exterior. The end result will consist of 2 retail space with high ceilings, one of which has a mezzanine space, both retail spaces can be combined into a single unit on the ground floor and 1 (3 bedroom + 2 bath units), 1 (2 bedroom + 2 bath units), 2 (2 bedroom + 1 bath units), and 1 (1 bedroom + 1 bath unit) on the second floor.
This offering will attract an investor looking to purchase a renovated Mixed-Use building, or a developer looking to take advantage of the lot size and tier 3 designation in a densely populated area of Los Angeles.
- APPROXIMATELY 13,500 SF MIXED-USE BUILDING ON 14,131 SF C2 ZONED CORNER LOT.
- CURRENTLY UNDER RENOVATION - NEW PLUMBING & ELECTRICAL THROUGHOUT.
- UNIT MIX CONSIST OF 2 LARGE RETAIL SPACES, 1-(3 BED + 2 BATH), 2-(2 BED + 1 BATH), 1-(2 BED + 2 BATH) & 1-(1 BED + 1 BATH).
- GREAT FREEWAY ACCESS; LESS THAN 1/4 OF A MILE FROM THE 110 FREEWAY.
- DIRECTLY ACROSS THE STREET FROM A FUTURE 41 UNIT AFFORDABLE HOUSING COMPLEX!!!
- EXCELLENT DEMOGRAPHICS: OVER 70,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 475,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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