For Sale
$1,350,000

8820 BroadwayLos Angeles, CA 90003

High-traffic LA auto shop, great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
113

Highlights

  • High-traffic location on Broadway near Manchester.
  • Development opportunity in a growth area.
  • Rare auto-oriented corner lot on Broadway near Manchester.
  • Established auto repair business generating $20,000 - $25,000 monthly gross revenue, plus three additional tenants.
  • 8,507 SF lot, 878 SF building; $1,350,000 asking price; 3.29% cap rate, 6.87% pro-forma cap rate; $44,370 NOI, $92,701 pro-forma NOI.

Property Details for 8820 Broadway

Property type
Retail properties, Auto shops
Square Feet
878 SF
Year Built
1950

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.95657774869
Longitude
-118.2782969031
8820 Broadway, Los Angeles, California
Leaflet | © OpenStreetMap contributors

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8820 Broadway
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