8820 Broadway Los Angeles, CA 90003
High-traffic LA auto shop, great ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- High-traffic location on Broadway near Manchester.
- Development opportunity in a growth area.
- Rare auto-oriented corner lot on Broadway near Manchester.
- Established auto repair business generating $20,000 - $25,000 monthly gross revenue, plus three additional tenants.
- 8,507 SF lot, 878 SF building; $1,350,000 asking price; 3.29% cap rate, 6.87% pro-forma cap rate; $44,370 NOI, $92,701 pro-forma NOI.
Property Details for 8820 Broadway
- Property type
- Retail properties, Auto shops
- Square Feet
- 878 SF
- Year Built
- 1950
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 33.95657774869
- Longitude
- -118.2782969031
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-traffic LA auto shop, great ROI.
- Where is the retail property located?
- The property is located at 8820 Broadway Los Angeles, CA.
- What is the asking price?
- The asking price for this property is $1,350,000.
- What are key features of this property?
- This property features: High-traffic location on Broadway near Manchester.; Development opportunity in a growth area.; Rare auto-oriented corner lot on Broadway near Manchester.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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