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2 Specialty Properties on S Broadway in Los Angeles
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Auction #
486 -
Interior Space:
± 34,374 SF -
Lot Size:
±71,288 SF -
Transaction Fee:
3% -
BrokerNegotiable
Co-op:
2 Specialty Properties on S Broadway in Los Angeles
Land/Specialty For Sale in Los Angeles, CA
5100 S Broadway, Los Angeles, CA 90037FRE Auctions and Pellego, Inc are pleased to present the Online Auction Plus® Event (allows for contingencies) for 2 Specialty Properties totaling ±71,288 SF on S Broadway in Los Angeles, California.
Note: Tours are by appointment only.
5100 S. Broadway, Los Angeles, CA 90037 is a prominent corner property featuring a three-story, 34,374 sq ft church building on a 23,000 sq ft lot. The property includes:
- Spacious worship area with separate baptismal pool
- Multiple classrooms and meeting spaces
- Administrative offices
- Commercial Kitchen and fellowship hall
- 11 restrooms
- Ample storage
Notable Features:
- Prime visibility at 51st Street and Broadway intersection with a Vehicle per Day Count of 24,167
- Distinctive architectural details enhancing curb appeal
Adjacent 35,644 sq ft fully fenced parking lot with 114 spaces (7 of which are ADA) included in the sale. (5012 S Broadway) Can be kept as a parking lot or developed under the C2 zoning.
This well-maintained property offers versatility for religious organizations or potential commercial redevelopment. The expansive parking area provides convenience for visitors and potential additional income through leasing opportunities. With its generous size, strategic location, and adaptable spaces, this property presents a unique investment opportunity in the Los Angeles market.
Zoning Information: C2-1VL-CPIO
C2-1VL-CPIO indicates a commercial property with height and density limitations, subject to additional community-specific regulations aimed at implementing local planning goals. It's one of the most permissive commercial zones, typically allowing for retail stores, commercial offices, hotels, parking buildings and limited manufacturing and residential uses.
Location Information:
South Los Angeles is a vibrant area with a unique blend of cultural, historical, and recreational opportunities, making it a worthwhile destination for exploration and engagement. This area is experiencing revitalization efforts, with new developments and community initiatives aimed at improving the quality of life for residents.
- 13.2 Miles from Los Angeles International Airport
- 6.6 Miles from Amtrak Union Station
- 10 Miles from historic Hollywood
Downloadable Documents Sign In to Access
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access AgreementFinancing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Pellego Inc, CA
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.
Conditions may be included with your offer
How to Bid
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1Set up a free user accountFree registration with no obligation. Your account provides access to additional information and documents, as well as email updates.
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2Search & SelectThe Future of Real Estate features real estate from the USA and international. Utilize our advanced search criteria to narrow down your selection.
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3Review InformationAccess property information to make better-informed decisions. Available information varies depending on each real estate asset type.
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4Submit Deposit (if required)Prior to placing a bid, you may need to submit a deposit. Deposits can be submitted using credit card, wire transfer or check.
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5Place Online BidPlace bids on your selected asset prior to the deadline. Specifics vary for each asset.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Conditions may be included with your offer
Los Angeles, CA 90037
Conditions may be included with your offer
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Los Angeles County
Los Angeles, CA -
Property Type: Commercial Property
-
Interior Space: ± 34,374 SF
-
Lot Size: ±71,288 SF
-
Transaction Fee: 3%
-
Broker Co-op: Negotiable
FRE Auctions and Pellego, Inc are pleased to present the Online Auction Plus® Event (allows for contingencies) for 2 Specialty Properties totaling ±71,288 SF on S Broadway in Los Angeles, California.
Note: Tours are by appointment only.
5100 S. Broadway, Los Angeles, CA 90037 is a prominent corner property featuring a three-story, 34,374 sq ft church building on a 23,000 sq ft lot. The property includes:
- Spacious worship area with separate baptismal pool
- Multiple classrooms and meeting spaces
- Administrative offices
- Commercial Kitchen and fellowship hall
- 11 restrooms
- Ample storage
Notable Features:
- Prime visibility at 51st Street and Broadway intersection with a Vehicle per Day Count of 24,167
- Distinctive architectural details enhancing curb appeal
Adjacent 35,644 sq ft fully fenced parking lot with 114 spaces (7 of which are ADA) included in the sale. (5012 S Broadway) Can be kept as a parking lot or developed under the C2 zoning.
This well-maintained property offers versatility for religious organizations or potential commercial redevelopment. The expansive parking area provides convenience for visitors and potential additional income through leasing opportunities. With its generous size, strategic location, and adaptable spaces, this property presents a unique investment opportunity in the Los Angeles market.
Zoning Information: C2-1VL-CPIO
C2-1VL-CPIO indicates a commercial property with height and density limitations, subject to additional community-specific regulations aimed at implementing local planning goals. It's one of the most permissive commercial zones, typically allowing for retail stores, commercial offices, hotels, parking buildings and limited manufacturing and residential uses.
Location Information:
South Los Angeles is a vibrant area with a unique blend of cultural, historical, and recreational opportunities, making it a worthwhile destination for exploration and engagement. This area is experiencing revitalization efforts, with new developments and community initiatives aimed at improving the quality of life for residents.
- 13.2 Miles from Los Angeles International Airport
- 6.6 Miles from Amtrak Union Station
- 10 Miles from historic Hollywood
Property Viewing
If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.
If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.
Start Temporary Access Agreement
Financing
This is an Auction Plus event in which a financing contingency is permitted. On the bid form you will be asked to include financing details.
For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.
Broker of Record for this property: Pellego Inc, CA
All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.