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523 S Broadway

Los Angeles (City), CA 90013
  • $6,999,000
  • STATUS: Active
  • ON SITE: 106 Days
  • ID#: SR22024949
UPDATED: 36 min ago
$6,999,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1903
County:

School Ratings & Info

Listing Agent(s): Monireh Hamedi of Rodeo Realty (818-222-7707)


Description

LOCATION!! LOCATION!! LOCATION!!! REDEVELOPMENT OPPORTUNITY ON A HIGH-PROFILE INVESTMENT/COMMERCIAL PROPERTY. 523 525 S BROADWAY CONSISTING OF 2 SIDE BY SIDE LOCATIONS APNS 5149-033-008 AND 5149-033-011 - existing perfume shopand a second vacant unit, occupied by tenants. The building has a total of 7,300 Sq. ft. of floor space **on a 7,469 SqFt Lot**originallybuilt in 1893 and 1903. The area is red hot and highly improved with multiple new commercial property constructions surrounding thearea. This well-located property offers convenient access to Chinatown, Downtown L.A., toy district, flower district, arts district, fashiondistrict, Little Tokyo, and near the 5,10,101,110 and 60 freeways.and can be managed efficiently due to their proximity to one another.The building goes across from Broadway to Lindley Pl. There is access to the building from both sides of the street. Excellent investmentfor investors that are looking for a good source of income. The building can be leased as separatespaces!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-27T16:34:23.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Choice Real Estate. Licensed in the State of California, USA.
www.betterchoicerealestateoffice.com/homes/125531303
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523 S Broadway Los Angeles (City), CA 90013

  • Price: $6,999,000
  • Status: Active
  • On Site: 106 Days
  • Updated: 36 min ago
  • ID#: SR22024949
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1903
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
LOCATION!! LOCATION!! LOCATION!!! REDEVELOPMENT OPPORTUNITY ON A HIGH-PROFILE INVESTMENT/COMMERCIAL PROPERTY. 523 525 S BROADWAY CONSISTING OF 2 SIDE BY SIDE LOCATIONS APNS 5149-033-008 AND 5149-033-011 - existing perfume shopand a second vacant unit, occupied by tenants. The building has a total of 7,300 Sq. ft. of floor space **on a 7,469 SqFt Lot**originallybuilt in 1893 and 1903. The area is red hot and highly improved with multiple new commercial property constructions surrounding thearea. This well-located property offers convenient access to Chinatown, Downtown L.A., toy district, flower district, arts district, fashiondistrict, Little Tokyo, and near the 5,10,101,110 and 60 freeways.and can be managed efficiently due to their proximity to one another.The building goes across from Broadway to Lindley Pl. There is access to the building from both sides of the street. Excellent investmentfor investors that are looking for a good source of income. The building can be leased as separatespaces!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Exterior Features

Construction Materials BrickGlass Entry Level 1 Lot Features Near Public TransitRectangular LotValue In LandWalkstreet Roof AsphaltFlat

Property Features

Additional Parcels YN Yes Building Name Sassy Perfume Business Type Commercial Common Interest None Electric Electricity - On Property Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Terms CashCash To Existing Loan1031 Exchange Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Electricity AvailableSewer AvailableSewer ConnectedWater AvailableWater ConnectedOverhead Utilities Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-27T16:34:23.6. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Choice Real Estate. Licensed in the State of California, USA.
 
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Better Choice Real Estate
904 Solano St
Corning CA, 96021
Listing Agent(s): Monireh Hamedi of Rodeo Realty (818-222-7707)