8312 S Broadway, Los Angeles, CA 90003
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8312 S Broadway Los Angeles, CA 90003

$763,000
  • -- Beds
  • -- Baths
  • 2,400 Sq.Ft.
For Sale
$763,000 Get Pre-Qualified

Map preview of 8312 S Broadway, Los Angeles, CA 90003

Property Overview: 8312 S Broadway Los Angeles, CA has -- bedrooms, -- bathrooms, 2,400 living square feet and 5,799 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This commercial listing is perfect for growing your business, with ample interior and exterior space that allows for limitless expansion. It's ideal for any type of business, from a retail store to a corporate office. The location is excellent, with easy access to the city's main roads and just minutes away from major shopping and business centers. The property measures 2400 sqft and the lot is 5799 sqft, and it has been fully remodeled in 2023. The doors have neon lights, and an alarm system has been installed that can be activated via cell phone. Don't miss out on the opportunity to take your business to the next level with this incredible commercial space. Schedule a visit today!

Listed by Micaela Solis | BRE #02057893 | Berkshire Hathaway Home Srvs
Last checked: 12 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 278
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Home details

Lot Sq. Ft
5,799
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Business
Status
Active
MLS#
DW23130882
City
Los Angeles
County
Los Angeles
Time on Site
291 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 8312 S Broadway

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Property Details for 8312 S Broadway

Interior Features
Laundry Information
  • None
Interior Features
  • Security Features: 24 Hour Security, Security System
Exterior Features
Exterior Information
  • Has Fence
  • Excellent Condition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6031035004
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Exit Manchester from I-110 fwy turn right toward Broadway, turn left on Broadway subject property on right hand side.
View more facts & features

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Sale History for 8312 S Broadway

Last sold for $230,000 on December 5th, 2012
  • July, 2023

  • Jul 17, 2023

    Date

    Active

    CRMLS: DW23130882

    $763,000

    Price

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: DW22219225

    $700,000

    Price

  • Oct 10, 2022

    Date

    Active

    CRMLS: DW22219225

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    Remarkable Opportunity to Own a 2400 SF building renovated in 2013 sitting on a 5799 SF lot. Ideal for owner user or Investment purposes. With the current zoning even Development is possible.

  • April, 2022

  • Apr 21, 2022

    Date

    Hold

    CRMLS: SR21183361

    $599,000

    Price

  • Aug 27, 2021

    Date

    Active

    CRMLS: SR21183361

    $599,000

    Price

  • Aug 19, 2021

    Date

    Coming Soon

    CRMLS: SR21183361

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Prime location!!! Only minutes away from RAMS stadium / Downtown Los Angeles and Exposition Park!!! Easy access to 110 and 105 freeways. This property offers high visibility traffic along a busy street and it has in place signs for new owner to place his/her own sign. The current owner have replaced the roof and added a heavy-duty Armstrong Industrial flooring, rewired the electrical and also installed an alarm system. This building has multi-purpose and the city may allow to use it as a Dispensary, Retail, Medical office, Church and that just some ideas that this building can be used for.

  • March, 2020

  • Mar 1, 2020

    Date

    Expired

    CRMLS: SB19208782

    $650,000

    Price

  • Aug 31, 2019

    Date

    Active

    CRMLS: SB19208782

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Prime location within the City of Los Angeles renovation project and a short 7.5-mile drive to Downtown Los Angeles. There is easy access to the 110 and the 105 freeways as well. This property offers high visibility traffic along a busy street and it has in place signs for a new owner to place his/her own touches. It is a standalone structure with gated parking on the back and the side of the building. The City has added a strip of land at the back of the lot that was used as an alley way for utility access. The current owners have replaced the roof and added a heavy-duty Armstrong Industrial flooring, re wired the electricity and installed an alarm system. There is also air conditioner and the building stays cool also due to the thick brick walls. It might have multiple uses. In the past it was used as a video store, laundry facility and laundromat. Therefore, it has the infrastructure to convert it back into a laundry facility. The city may allow to use it as a dispensary, retail, car mechanic, restaurant, medical office, beauty parlor and a church just to name a few of the possibilities.

  • June, 2017

  • Jun 4, 2017

    Date

    Expired

    CRMLS: SB16709488

    $460,000

    Price

  • Jun 4, 2017

    Date

    Withdrawn

    CRMLS: SB16709488

    $460,000

    Price

  • Feb 21, 2017

    Date

    Pending

    CRMLS: SB16709488

    $460,000

    Price

  • Nov 3, 2016

    Date

    Price Change

    CRMLS: SB16709488

    $460,000

    Price

  • Sep 23, 2016

    Date

    Price Change

    CRMLS: SB16709488

    $499,000

    Price

  • Sep 23, 2016

    Date

    Active

    CRMLS: SB16709488

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    It is centrally located south of the Downtown Los Angeles and Currently used as a movie rental store. It was previously used as a laundry facility so it is fully equipped to be reconditioned as one. The current owners have been doing regular maintenance on the building with a newer roof and flooring throughout, coper plumbing, 220V electricity. There is also plenty of parking on site.

  • December, 2012

  • Dec 5, 2012

    Date

    Sold (Public Records)

    Public Records

    $230,000

    Price

  • April, 2012

  • Apr 2, 2012

    Date

    Sold (Public Records)

    Public Records

    $115,000

    Price

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Tax History for 8312 S Broadway

Assessed Value (2020): $258,969
Year Land Value Improved Value Assessed Value
2020 $190,287 $68,682 $258,969

Home Value Compared to the Market

This property vs the competition

8312 S Broadway is listed 37.71% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $317.92 per/sqft which puts the price per square foot 58.93% lower than the median price per square foot for the city of Los Angeles.

About 8312 S Broadway

Detailed summary of property

8312 S Broadway is a business located in Los Angeles, CA 90003 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 2,400 living square feet, and sits on an approximately 5,799 square foot lot. 8312 S Broadway was first listed on ArdentRealEstateGroup.com on July 17, 2023. The homeowner is currently asking $763,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 37.71% lower than the median priced home. Local competing homes currently for sale include 5870 Hooper Ave, 4922 S Central Ave and 889 E Vernon Ave. While the average home in Los Angeles, CA is selling in 96 days, 8312 S Broadway has a days on market of 278 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 8312 S Broadway Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8312 S Broadway

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
2,400
Lot Size
5,799
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
6031-035-004

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.