Address
4401 4415 S Broadway Avenue Los Angeles, CA
Price
$ 4,995,000
Property Attributes
  • MLS#PW21066112
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90037
  • StyleRetail
  • Year Built1921
  • Taxes$ 13114
  • Price$ 4,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage29017
  • Lot Size0.76 Acres
Listing Provided Courtesy Of:
James Oronoz with Reliance Real Estate Services.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

The subject property is a 2-story, multi-tenant (13 Units) mixed-used/Retail building. This 29,017 square foot value-add building sits on a 33,076 square foot lot. This corner lot sits at the busy, high-traffic intersections of Broadway and Vernon (physical address is 4401-4415 S. Broadway Ave. and 318-330 Vernon Avenue). The up-stair space contains 23 individual rooms, 3 storage spaces, 4 restrooms and 2 kitchens. This property sits on 2 lots with separate APN's (5110-003-002 & 5110-003-025) and is accessible from Vernon Avenue, with 40 parking spaces for its tenants and customers. This subject property is zoned QC2-1VL (Qualified General Commercial) that includes retail development and is also part of the Enterprise Zone (Governed by the Community Redevelopment Agency), which permits a wide range of general commercial uses, including the current use. This corner lot property is close to the 110 corridor, Dodger Stadium, The Colosseum, Downtown Los Angeles, The Staples Center, The Forum and The New Sofi Stadium where the Rams and Chargers play.

Price History
3/31/2021 Listed $4,995,000

General Features

Additional Parcels Description 5110003002
Additional Parcels Y/N Yes
Business Type Barber/Beauty, Bakery, Books/Cards/Stationary, Church, Clothing, Commercial, Gift Shop, Grocery, Mixed, Multi-Tenant, Music, Restaurant, Retail
Construction Materials Brick, Concrete, Stucco
Electric Electricity - On Property
Listing Agent James Oronoz - BRE#02056694
Listing Agent State License 02056694
MLS Area C37 - Metropolitan South
Open Parking Spaces 40
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Roof Composition, Flat, Rolled/Hot Mop
Special Listing Conditions Standard
Status Active Under Contract
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Units 12
Utilities Electricity Connected, Sewer Connected, Water Connected
Water Sewer Expense 13200

Interior Features

Laundry Features None

Exterior Features

Fencing Block
Lot Features Corner Lot, Level, No Landscaping, Near Public Transit, Paved, Rectangular Lot, Street Level, Value In Land
Lot Size Acres 0.76
Lot Size Area 33076
Lot Size Square Feet 33076
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 40
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90037

Price
AVG $1.19M
$5M
Taxes
AVG $9,262
$13,114
Visits
AVG 40
57
Year Built
AVG 1920
1921
Walkscore
AVG 76
84
Data Provided by Walkscore ® not using MLS data

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