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8612 S Broadway, Los Angeles, CA 90003
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8612 S Broadway Los Angeles, CA 90003

$1,545,000 Sold Price as of 03/17/2023
  • -- Beds
  • 4 Baths
  • 7,964 Sq.Ft.
Sold
$1,545,000 Sold Price as of 03/17/2023 Refinance Your Mortgage
Map preview of 8612 S Broadway, Los Angeles, CA 90003

Property Overview: 8612 S Broadway Los Angeles, CA has -- bedrooms, 4 bathrooms, 7,964 living square feet and 5,669 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Major price reduction. . Property sits near major development projects from Machester Projects to major housing programs. Location, location , location! Property is located near SoFi Stadium only 4.2 miles away and close to LAX. Please see major upcoming projects to neighborhood's building; One of them being Broadway-Manchester Project. The building is completely remodeled from the roof to the walls, inside and out. Brand new AC & heater recently installed. LC2, LC1.5, LC- The property is also well suited to be used (Medical clinics, retail stores, theater, banquet hall, cannabis business, concert hall, dance/art studio, school and many more). 2 Floors. Currently used as a church. The second floor that almost doubles the square footage and can be used for many uses as it includes: Stage, offices, bathrooms and storage rooms. Los Angeles is a growing city and with the arrival of new Stadium and new businesses, it makes this listing a potential for possible rezoning (Buyer to verify with city). Building includes bathrooms on the 1st and 2nd floor allowing easy accessibility. The second stage on second floor can be used for an entire second show while entertaining other guests in the main level. Also comes with two loading docks on back of building for easy access for loading and unloading. The subject property is ideal for those looking for a functional venue. For those interested in using the property as a church, current use permits are in- place and will remain with the property upon transfer.

Listed by Oscar Saenz De Leon | BRE #02054791 | Excellence RE Real Estate
Last checked: 3 minutes ago | Last updated: March 17th, 2023 | Source CRMLS | DOM: 136

Home details

Lot Sq. Ft
5,669
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Specialty
Status
Sold
MLS#
DW22012442
City
Los Angeles
County
Los Angeles
Time on Site
843 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 4
  • Total Rent: --
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: --

Property Details for 8612 S Broadway

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment, Gas
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • None
Interior Features
  • Security Features: Security Lights, Security System, Window Bars, Wired for Alarm System
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 6040013015
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Broadway & Manchester
View more facts & features

Local Los Angeles Agent

Sale History for 8612 S Broadway

Last sold for $1,545,000 on March 17th, 2023

  • March, 2023

  • Mar 17, 2023

    Date

    Sold

    CRMLS: DW22012442

    $1,545,000

    Price

  • Jan 20, 2022

    Date

    Active

    CRMLS: DW22012442

    $1,699,995

    Price

  • November, 2021

  • Nov 4, 2021

    Date

    Price Change

    CRMLS: DW21148420

    $1,799,500

    Price

  • Sep 17, 2021

    Date

    Price Change

    CRMLS: DW21148420

    $1,900,000

    Price

  • Jul 27, 2021

    Date

    Price Change

    CRMLS: DW21148420

    $1,999,995

    Price

  • Jul 8, 2021

    Date

    Active

    CRMLS: DW21148420

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    Major price reduction for fast sale!!!LC2, LC1.5, LC-(Medical clinics, Retail Stores, Theaters, Banquet Hall, Cannabis Business, Concert Hall, School and many more. This sale offers the opportunity to purchase a functional and beautiful venue completely remodeled from roof to interior. The subject property, originally constructed as a theatre, is comprised of a two story building that is currently used as a church. The building footprint measures 7964. Property has a second floor Stage, offices, bathrooms and storage rooms Los Angeles is a growing city with the arrival of new Stadiums and new businesses making this listing a potential for possible rezoning).The second stage on second floor can be used for an entire second show while entertaining other guest in the main level. Also come with to loading docs on back of building for easy access for loading and unloading.

  • June, 2021

  • Jun 1, 2021

    Date

    Expired

    CRMLS: DW20252196

    $2,200,000

    Price

  • Dec 5, 2020

    Date

    Active

    CRMLS: DW20252196

    $2,200,000

    Price

  • Listing provided courtesy of CRMLS

    LC2, LC1.5, LC-(Medical clinics, Retail Stores, Theaters, Banquet Hall, Cannabis Business, Concert Hall, School and many more. This sale offers the opportunity to purchase a functional and beautiful venue completely remodeled from roof to interior. The subject property, originally constructed as a theatre, is comprised of a two story building that is currently used as a church. The building footprint measures 4,998 square feet and the second story is approximately 3,402 square feet, which gives the property a total of 8,400 square feet of improved building area. Currently used as a church. Property has a second floor that almost doubles the square footage and can be used for many uses as it includes: Stage, offices, bathrooms and storage rooms Los Angeles is a growing city with the arrival of new Stadiums and new businesses making this listing a potential for possible rezoning).The second stage on second floor can be used for an entire second show while entertaining other guest in the main level. Also come with to loading docs on back of building for easy access for loading and unloading. Parking is by way of agreement for two adjacent parking lots which are owned by the city of Los Angeles. The agreement has been in place for over 20 years and does not cost anything; the owner of the property is on automatic renewal every five years. The two parking lots are paved, fenced and provide for approximately 150 parking spaces.

  • February, 2013

  • Feb 6, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2012

  • Jun 22, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8612 S Broadway

Assessed Value (2020): $326,528
Year Land Value Improved Value Assessed Value
2020 $118,225 $208,303 $326,528

Home Value Compared to the Market

This property vs the competition

8612 S Broadway sold on March 17, 2023 for 36.55% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $204.04 per/sqft which puts the price per square foot 72.97% lower than the current median sale per square foot for the city of Los Angeles.

About 8612 S Broadway

Detailed summary of property

8612 S Broadway is a specialty that recently sold in Los Angeles, CA 90003. This specialty property offered -- bedrooms, 4 bathrooms, roughly 7,964 living square feet, and sits on an approximately 5,669 square foot lot. 8612 S Broadway was first listed on ArdentRealEstateGroup.com on January 21, 2022. The homeowner sold the property for $1,545,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 36.55% higher than the current median priced home. Local homes that are currently for sale include 2600 W 54th St, 3317 S San Pedro St and 2922 Maple Ave. While the average home in Los Angeles, CA is selling in 93 days, 8612 S Broadway has a days on market of 136 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 8612 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 8612 S Broadway

Public county record property details
Beds
--
Baths
--
Year built
1921
Sq. Ft.
4,998
Lot Size
5,669
Stories
1
Type
Religious, Church, Worship (Synagogue, Temple, Parsonage)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
6040-013-015

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
$590,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
36
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%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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