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8874 S Broadway $999,999

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    8874 S Broadway Los Angeles, CA 90003

    • 0 Beds
    • 3 Baths
    • 2,916 sq. ft.
    • Multi-Family
    • MLS# 22-195330
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    Views: 1 Days On Site: 95

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    Property Details

    Description Tours

    The 2,916 square foot Mixed Use 2 story Building built in 1932 is zoned C2 and part of the Southeast LA Community Plan. Southeast Los Angeles has a wealth of opportunities for resurgence and revitalization. The property is in the HUBZone Program and the State Enterprise Zone. The building has a rich history, including (buyer to verify): a beer parlor/dance hall, restaurant, bakery, sporting goods store, Church, and now operates as the Little Portion Social Center. The community center hosts free classes, spoken word events, open mics, workshops, meetings, benefits, art exhibits, after-school programs, events, theatrical performances, maker spaces and library services. The current owner has upgraded the building including adding quality HVAC, a small apartment off the courtyard, built out the 2nd floor with separate entrance and 2 studios, an office, with a kitchen and bathroom.

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    Neighborhood

    90003 (Los Angeles) Demographics

    29 Median Age
    20,870 Population Density (per sq. mile)
    10% College Educated
    $42,220 Estimated Median Income
    4,717 Estimated Total Home Owners
    12,825 Estimated Total Renters
    27% / 73% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    74,117 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $545,250 Median Sales Price
    10 Homes Sold
    8 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $999,999
        8/31/2022 6:44:00 PM New in Database Source: Multiple Listing Service New Value: $999,999

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.