4111 Broadway, Los Angeles

$1,039,000

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0.13

Acres

Listing Agent
Mark Reavis - Reavis Realty

About 4111 Broadway

5,250 SF multi-use, centrally-located property available for sale. The property consists of two adjoined buildings (front 3,000 SF & rear 2,250 SF) that is currently configured for single-tenant occupancy, but is easily divisible into four retail/industrial units, presenting a compelling opportunity to both the owner/user and investor. With 3 front entrances, 3 addresses, 3 restrooms, and 3 electrical panels, the front building is divisible into three 1,000 SF retail or industrial units. The northerly unit has been demised accordingly. Openings are in place which provide access to the rear, 2,250 SF concrete block industrial building, the rear loading area, and the rear yard. Efficient as both a single-user or multi-tenant facility, a buyer can occupy all or part, providing both built-in expansion capability and rental income. Located in a bustling, rapidly improving area, it also provides a compelling repositioning and value-add opportunity. Located less than a mile from USC, Bank of California Stadium, the Los Angeles Memorial Coliseum, and the Metro Silver and Expo Line stations, and seconds from the I-110 on/off ramps at MLK Blvd., the central, the property has major boulevard exposure with a traffic count of over 22,000 cars per day. The Opportunity Zone location also provides massive tax incentives.*Industrial uses subject to C2 zoning permitted uses buyer to independently verify.

Features of 4111 Broadway

MLS® # 24393055
Price $1,039,000
Bathrooms 0.00
Acres 0.13
Year Built 1959
Type Commercial Sale
Status Active

Community Information

Address 4111 Broadway
Area C42 - Downtown L.A.
City Los Angeles
County Los Angeles
Zip Code 90037

Amenities

Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Additional Information

Date Listed May 16th, 2024
Days on Market 68
Zoning LAM1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMark Reavis
OfficeReavis Realty

Listing Map

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