8106 S Broadway, Los Angeles, Los Angeles, CA, CommercialSale, ,

Property Description

**Entire Property can be delivered vacant** Excellent owner/user opportunity, occupy ~3,000sf warehouse, paint booth and x-large parking lot and collect $3,000/month from tenant! Auto use property on massive 12,000sf+ double lot with *ultra* rare licensed paint booth available in rapidly appreciating neighborhood on Broadway. Don’t miss out! This property consists of a huge double lot with ~5,200sf of warehouse/auto use & retail space. Currently leased to two tenants, this property represents a rare opportunity for an owner/user or investor to capitalize on using part of the space and leasing out the rest, or possibly keeping the entire property leased as an investment. Located in the heart of a gentrifying neighborhood, this property is four blocks from the recently approved Vermont-Manchester development, and close to many other under-construction and proposed housing and neighborhood developments. Only 3 1/2 miles from the USC campus, 4 miles from SoFi stadium and 5 miles from downtown Los Angeles, this property has huge potential for significant appreciation. Of the two lots, the north lot consists of a ~450sf fully licensed City of LA auto paint booth. These booths are very rare and almost to impossible to have City to issue a new license. The rest of the north lot is where one of the tenants stores numerous cars. The south lot consists of a ~4700sf warehouse, the rear ~3000sf and the parking lot/paint booth is leased but can be delivered VACANT and is excellent for OWNER/USER! The front of the south side which is about ~1,700 is leased for $3,000. Easy access on Broadway, this space can handle *dozens* of cars and is the ideal auto use investment or OWNER/USER in South LA. **Buyer to do own investigation. Owner and Broker do NOT make any warranties or representations regarding the Property.**