3130 S Broadway, Los Angeles, CA, 90007

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$2,695,000
23 Days On Site

3130 S Broadway
Los Angeles, CA 90007

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
7,560
SqFt
$356
/SqFt
1950
Built
County:
Los Angeles
Listed by David Moskowitz of Keller Williams World Media Cn dmoskowitz@kw.com
Call Now: 951-203-4426
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951-203-4426
3130 S Broadway3130 S Broadway3130 S Broadway3130 S Broadway
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KW Regional Advisors presents a rare opportunity to acquire three contiguous industrial buildings 3100 S. Broadway, 3130 S. Broadway, and 124 W. 31st Street offered together as a single transaction just south of the Downtown Los Angeles core. The combined offering totals 17,860 SF of building area across three structures on 22,216 SF (0.51 acres) of M1-zoned land. Built between 1950 and 1952, the three buildings have operated for decades as one flexible site, most recently by the ownership family as an owner/user. After the family retired from active use, the property became vacant and is now offered as-is, in value-add condition, priced well below market value. The property requires substantial renovation and repairs. Buyers should plan and budget accordingly. The site has new perimeter fencing and is ready for sale. The property sits within the Central Los Angeles industrial corridor, in close proximity to the Downtown Los Angeles core roughly a dozen blocks from the Santa Monica Freeway (I-10) with easy access to the broader downtown freeway network, including the Harbor Freeway (I-110), the Hollywood/Santa Ana Freeway (US-101), and the Golden State Freeway (I-5), all of which converge in the downtown core just north of the site. This central location, wide-ranging freeway access, and the flexible layout across the three contiguous buildings position the property well for distribution, storage, or light industrial use serving the greater Los Angeles basin. At $2,995,000 ($167.69 PSF), the offering is priced roughly 35% below the trailing 24-month median of $260.68 PSF for comparable Central Los Angeles industrial sales under 30,000 SF (Source: CoStar sales-comp data) an aggressive basis for a well-located, multi-building assemblage. Call Listing Agent for a complete OM, property tour, or additional detail.

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Listing Snapshot
Price 
$2,695,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,560 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1878 Acres
Year Built 
1950
MLS® Number 
26989109
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS®
22 hours agoPrice changed to $2,695,000
3 weeks agoListing first seen on site
General Features
Acres 
0.1878
Number Of Stories 
1
Security 
Gated Community
Special Circumstances 
Standard
SqFt Total 
7560
Zoning 
LAM1
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Community Features
Community Features 
Gated
MLS Area 
C42 - Downtown L.A.


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. The 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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