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INVESTMENT HIGHLIGHTS
- HIGHLY VISIBLE AND ACCESSIBLE LOCATION
- EXPANSIVE 35,644 SQUARE FEET ADJACENT PARKING LOT INCLUDED IN THE SALE
- CONVENIENTLY LOCATED NEAR BUS LINE AND FREEWAYS
- FEATURES BEAUTIFUL ARCHITECTURAL DETAILS THAT ADDS TO THE PROPERTY'S CURB APPEAL
- POTENTIAL FOR ADDITIONAL INCOME FROM LEASING OUT PARKING SPACES FOR EVENT OR OTHER COMMERCIAL ACTIVITIES
EXECUTIVE SUMMARY
This commercial property located at 5100 S Broadway, Los Angeles, CA 90037 is a spacious and well-appointed building which has been utilized as a church for over 50 years. The property boasts a generous 23,000 square feet of land and a three story building structure that covers 34,374 square feet of floor space. Situated on the corner of 51st and Broadway, the property is highly visible and easily accessible. The interior of the church features beautiful architectural details that adds to the property's curb appeal. The interior of the church is spacious and welcoming, with a large worship area and separate baptismal pool area that can accommodate a significant number of congregants. There are also several ancillary rooms throughout the three story building that are currently being used as classrooms, meeting spaces, administrative offices, including a kitchen, fellowship hall, storage rooms and 11 restrooms. One of the standout features of the property is the expansive 35,644 square feet adjacent parking lot, which is included in the sale. This provides ample space for visitors, members, and staff to park, as well as potential for additional income from leasing out parking spaces for events or other commercial activities. Overall, this commercial property at 5100 S. Broadway and the adjacent parking lot, presents visible and accessible location in Los Angeles. The generous lot size, ample parking and well-maintained building make it an attractive option for a variety of commercial uses. DISCLAIMER: A prospective buyer/developer should conduct their own independent investigation of development potential of the site and verify all of the information. Seller is not making any representation or guarantee as to the accuracy of the information.
PROPERTY FACTS
| Price | $16,751,040 CAD | Building Class | C |
| Price Per SF | $487.32 CAD | Lot Size | 0.53 AC |
| Sale Type | Investment or Owner User | Building Size | 34,374 SF |
| Property Type | Specialty | No. Stories | 3 |
| Property Subtype | Religious Facility | Year Built | 1934 |
| Zoning | LAC2 - C2-1VL-CPIO indicates a commercial property with height and density limitations, subject to additional community-specific regulations. | ||
| Price | $16,751,040 CAD |
| Price Per SF | $487.32 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 34,374 SF |
| No. Stories | 3 |
| Year Built | 1934 |
| Zoning | LAC2 - C2-1VL-CPIO indicates a commercial property with height and density limitations, subject to additional community-specific regulations. |
AMENITIES
- Bus Line
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 5110-026-035 | Improvements Assessment | $1,011,155 CAD |
| Land Assessment | $130,651 CAD | Total Assessment | $1,141,806 CAD |
PROPERTY TAXES
Parcel Number
5110-026-035
Land Assessment
$130,651 CAD
Improvements Assessment
$1,011,155 CAD
Total Assessment
$1,141,806 CAD
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5100 S Broadway
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