Active

5100 S Broadway

Los Angeles CA, 90037

$14,500,000


$421.83 per sqft

Active

34,374 sqft

Commercial

Built in 1934

Listed by Cassandra Shephard with Pellego, Inc 916-996-3300

**BACK ON THE MARKET**

The commercial property located at 5100 S. Broadway, Los Angeles, CA 90037 is a spacious and well-appointed building currently being used as a church. The property boasts a generous 23,000 square feet of land and a three story building structure that covers 34,374 square feet of floor space.
Situated on the corner of 51st Street and Broadway, the property is highly visible and easily accessible. The church building features beautiful architectural details that adds to the property's curb appeal. The interior of the church is spacious and welcoming, with a large worship area and separate baptismal pool area that can accommodate a significant number of congregants. There are also several ancillary rooms throughout the three story building that are currently being used as classrooms, meeting spaces, administrative offices, including a kitchen, fellowship hall, storage rooms and 11 restrooms. One of the standout features of the property is the expansive 35,644 square feet adjacent parking lot, which is included in the sale. This provides ample space for visitors, members, and staff to park, as well as potential for additional income from leasing out parking spaces for events or other commercial activities. Overall, this commercial property at 5100 S. Broadway and the adjacent parking lot, presents a rare opportunity for a church or other organization seeking a large, well-appointed space in a highly visible and accessible location in Los Angeles. The generous lot size, ample parking, and well-maintained building make it an attractive option for a variety of commercial uses.

DISCLAIMER: A prospective buyer/developer should conduct their own independent investigation of development potential of the site and verify all of the information. Seller is not making any representation or guarantee as to the accuracy of the information.

SR23030821

MLS ID

February 22, 2023

Listed

March 23, 2024

Updated

Map

5100 S Broadway
Los Angeles CA, 90037

Interior Features

Total Stories

3


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.53 Acres


Lot Features

Corner Lot, Near Public Transit

Other Property Details

Area Name

C42 - Downtown L.A.


Days on Market

160


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Buyer Agency Compensation

1%

Listing History

Date

Event

Price

1/30/2024

Price Change

$14,500,000

16%

1/29/2024

Active

8/12/2023

Pending

Listing Contact: 916-996-3300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:24 AM UTC

 

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