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7700 S Broadway

Los Angeles, CA 90003

$1,148,888

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1942

calendar_month Built

Property Description

Huge price reduction, 7700 S Broadway, this single-story commercial building features three professional office spaces (one space can be divided in two) and approx 1000+ square foot restaurant space with 2 prep rooms with all the necessary equipments making it an ideal investment choice for both personal use or investment. The total building may be used for the restaurant seating area if needed (please check with the City of Los Angeles). The property is zoned under LAC2 regulations and is strategically situated on the highly visible corner of S Broadway and 77th Street across from the 77th Street Community Police Station. According to the City of Los Angeles planning Div. Medical Use is permitted without parking requirement(SEC. 12.14. “C2” COMMERCIAL ZONE-Please check with City of Los Angeles). The office spaces have recently undergone extensive renovations, resulting in a professional appearance suitable for various professional services, including but not limited to attorneys, medical practitioners, accountants, insurance agents, bail bond services, etc. The large back office, which can be split in two offices, has its own 3/4 bathroom and the other two ½ bathrooms serve the rest of the building. Additionally, the office space positioned at the corner of S Broadway and 77th Street, offers exceptional visibility. Please note that the entire office space is currently occupied by the sellers' owned bail bond business. The retail/food service space faces S Broadway and features a main serving area and two separate prep rooms. It has a door opening to the side yard with access to the back parking area which may be used as a handicap access(check City requirements). Although no active business is currently operating in this space, there is immense potential for the new ventures. Furthermore, the property offers a pleasant outdoor lounge area for relaxation, dining, and coffee breaks. The Property will be delivered vacant upon the successful completion of escrow. Sellers may need about 2 months after COE to move out. Please DO NOT go into the property without appointment with the listing agent.

Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 7700 S Broadway
City Los Angeles
State CA
Zip 90003
County Los Angeles
Listing Agent Varouj Mirzaians DRE#01022671
Courtesy Of Remax Optima
MLS GD24126914
List Price $1,148,888
Status Active
Type Commercial
Subtype Office
Structure Size N/A
Lot Size 6,514
Year Built 1942
DOM 54

Exterior Information

Maps

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Listing information courtesy of: Varouj Mirzaians, Remax Optima . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 9th, 2024 at 12:10 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.