7700 S Broadway , Los Angeles, CA 90003
Los Angeles, CA 90003
Description
Huge price reduction, 7700 S Broadway, this single-story commercial building features three professional office spaces (one space can be divided in two) and approx 1000+ square foot restaurant space with 2 prep rooms with all the necessary equipments making it an ideal investment choice for both personal use or investment. The total building may be used for the restaurant seating area if needed (please check with the City of Los Angeles). The property is zoned under LAC2 regulations and is strategically situated on the highly visible corner of S Broadway and 77th Street across from the 77th Street Community Police Station. According to the City of Los Angeles planning Div. Medical Use is permitted without parking requirement(SEC. 12.14. C2 COMMERCIAL ZONE-Please check with City of Los Angeles). The office spaces have recently undergone extensive renovations, resulting in a professional appearance suitable for various professional services, including but not limited to attorneys, medical practitioners, accountants, insurance agents, bail bond services, etc. The large back office, which can be split in two offices, has its own 3/4 bathroom and the other two ½ bathrooms serve the rest of the building. Additionally, the office space positioned at the corner of S Broadway and 77th Street, offers exceptional visibility. Please note that the entire office space is currently occupied by the sellers' owned bail bond business. The retail/food service space faces S Broadway and features a main serving area and two separate prep rooms. It has a door opening to the side yard with access to the back parking area which may be used as a handicap access(check City requirements). Although no active business is currently operating in this space, there is immense potential for the new ventures. Furthermore, the property offers a pleasant outdoor lounge area for relaxation, dining, and coffee breaks. The Property will be delivered vacant upon the successful completion of escrow. Sellers may need about 2 months after COE to move out. Please DO NOT go into the property without appointment with the listing agent.
Details
| MLS# | GD24126914 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 83 |
| Listing Provided By | Remax Optima 818-547-6333 | Varouj Mirzaians |
Features
| SQ Feet | 3,352 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | LA C2 |
| Acreage | 0.15 |
Market Activity 90003
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | 699 Not Defined |
| Listing VS Median (in 90003) | |
Price: $1,148,888 low | high Med: $649,000 SqFt: 3,352 low | high Med: 1,064 $ / SqFt: $343 low | high Med: $610 On Site: 83 low | high Med: 53.000000 | |