5100 BroadwayLos Angeles, CA 90037

Property Details for 5100 Broadway

Property size (Sq ft)

34,374 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity presents two properties totaling approximately 71,288 square feet on a prominent corner lot at the intersection of 51st Street and South Broadway in Los Angeles, CA 90037. The main property is a three-story, 34,374 square foot church building situated on a 23,000 square foot lot. The church features a spacious worship area with a separate baptismal pool, multiple classrooms and meeting rooms, administrative offices, a kitchen and fellowship hall, and 11 restrooms, along with ample storage space. The building boasts distinctive architectural details and enjoys prime visibility. Included in the sale is an adjacent 35,644 square foot parking lot located at 5012 S Broadway, offering significant potential for additional income through leasing or redevelopment. The combined properties are zoned C2-1VL-CPIO, a flexible commercial zone allowing for a variety of uses including retail, offices, hotels, parking structures, limited manufacturing, and even some residential uses, subject to specific community regulations. This vibrant South Los Angeles location is undergoing revitalization, presenting a unique opportunity for religious organizations or commercial developers seeking a large-scale project with significant upside potential in a rapidly evolving area. The asking price for this combined property is $9,000,000.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9962

Longitude

-118.278

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].