725 Broad Ave Los Angeles, CA 90744
- Auto shops
- 600 SF
- 0.10 lot acres
Current Use by Public Records
- Auto shops
Property Details for 725 Broad Ave
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 0.10 lot acres
- Property size
- 600 SF
- Zone code
- LAC2
- Property type
- Auto shops
- APN
- 7423-002-016
- APU
- 7423002016
Description
This exceptional 13,679 sq ft lot in Los Angeles' Wilmington area presents a unique investment opportunity. Priced at $1,350,000, this fee-simple property boasts a 600 sq ft dispatch office within a larger yard, ideal for towing, auto sales, and dispatch operations. The property features a grandfathered permit allowing continued use for these purposes, plus other C2-zoned uses. The single-story, 1960-built structure includes asphalt paving, opaque fencing, and a convenient rolling gate access from Broad Avenue. The lot is rectangular (75' x 182'), flat, and enjoys a 9-foot ceiling height in the office. Its prime location offers easy freeway access (within 1 mile of the 110 freeway via Anaheim St). SBA and seller financing options are available for qualified buyers. This versatile property is suitable for owner-users and investors seeking a strong return in a desirable location. The property's functionality and existing infrastructure provide attractive long-term value. The existing permit for towing, auto sales, and dispatch offers immediate operational potential. This is a rare opportunity to acquire a well-situated commercial yard with significant upside.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Longitude
- -118.262
- Latitude
- 33.7793
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
