5100 S Broadway, Los Angeles, CA 90037 (MLS # SR23030821)

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PRICE $14,500,000 dsIDX morgage calculator
SIZE 34,374 sqft
LOT SIZE 23,148 sqft

**BACK ON THE MARKET**The commercial property located at 5100 S. Broadway, Los Angeles, CA 90037 is a spacious and well-appointed building currently being used as a church. 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 Street and Broadway, the property is highly visible and easily accessible. The church building 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 a rare opportunity for a church or other organization seeking a large, well-appointed space in a highly 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.

DAYS ON MARKET 489 LAST UPDATED 1/29/2024
YEAR BUILT 1934 COMMUNITY Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Jan 29, '24 $12,500,000
Jan 29, '24 - Today $14,500,000


ADDITIONAL DETAILS
AREA Downtown L.A.
BUYER'S BROKERAGE COMPENSATION 1.000 %
LOT 0.53 acre(s)
LOT DESCRIPTION Corner Lot, Near Public Transit
STORIES 3
WATER Public
MORTGAGE CALCULATOR
   

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Listed with Pellego, Inc

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Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CRMLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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