5100 S Broadway, Los Angeles, CA 90037 (MLS # SR23030821)
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**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 | 450 | 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 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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