This property is being sold for land value only. Can be sold alone or together with two other lots 4924 and 4928 Crenshaw Blvd, for a total of 22854 square foot for ($5.700,000 ) Zoning LAC2. Can accommodate up to 85 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.Your GoalsAbout UsSolutionsInsightsQualified Opportunity Zones: What Investors Should KnowOctober 2022 Print ShareFacebookTwitterskyscapper buildings and blue skyKey takeaways:The 2017 Tax Cuts and Jobs Act established the Qualified Opportunity Zone program to provide a tax incentive for private, long-term investment in economically distressed communities.Investors in these programs are given an opportunity to defer and potentially reduce tax on recognized capital gains.Tax savings are only available when investors retain the investment in the Qualified Opportunity Fund for the time frame stated.What this may mean for you:If you are facing a significant tax liability as a result of capital gains, investing in a Qualified Opportunity Fund may be worth exploring, provided you invest within a prescribed amount of time.What is an Opportunity Zone?An Opportunity Zone is a community nominated by the state and certified by the Treasury Department as qualifying for this program. The Treasury Department has certified zones in all 50 states; Washington, D.C.; and U.S. territories.1 A list can be found at the U.S. Department of Housing and Urban Development.How does this program work?To defer a capital gain (including net 1231 gains), a taxpayer has 180 days from the date of the sale or exchange of appreciated property to invest the realized capital gain dollars into a Qualified Opportunity Fund, an investment vehicle that files either a partnership or corporate federal income tax return and is organized for the purpose of investing in Qualified Opportunity. The fund then invests in Qualified Opportunity Zone property.The taxpayer may invest the return of principal as well as the recognized capital gain, but only the portion of the investment attributable to the capital gain will be eligible for the exemption from tax on further appreciation of the Opportunity Zone investment, as explained below. The Opportunity Zone program allows for the sale of any appreciated assets, such as stocks, with a reinvestment of the gain into a Qualified Opportunity Fund. There is no requirement to invest in a like-kind property to defer the gain.Note that a taxpayer who receives a reported capital gain from a flow-through entity, such as a partnership, an S-corporation, or a trust/estate, has the option to start the 180 day investment period on any of the following dates:the last day of the entity taxable year;the same date that the entity's 180 day period begins; orthe due date for the entity's tax return, without extensions, for the taxable year in which the entity realized the eligible gain. Qualified Opportunity Fund A Qualified Opportunity Fund is any investment vehicle that is organized as a corporation or a partnership for the purpose of investing in Qualified Opportunity Zone property (other than another Qualified Opportunity Fund) that holds at least 90% of its assets in Qualified Opportunity Zone property.Similar to other investments, an investment in a Qualified Opportunity Fund may increase or decrease in value over the holding period. In addition, income may be paid on this investment. Given that the purpose of the program is to improve particular areas, it is expected that the fund will continue to invest in the improvement of the property in which it is invested. Cash flow may occur once the property improvements are complete and the property is leased or sold to third parties.Because Qualified Opportunity Funds are income tax planning tools and are investment options for taxpayers, these investments may involve ris

This property is being sold for land value only. two lots 4924 and 4928 Crenshaw Blvd, are being sold together for a total of 15236 square foot for ($3.800,000 ) Zoning LAC2. Can accommodate up to 60 apartment units, Can also be a mixed-use development. Located in a special opportunity zoning area of Los Angeles with tremendous tax benefits for private long-term investments. Brokers, Investors do your research.

This is a must-see medical building. Priced to sell immediately. Consists of 2 Doctors Offices (one with handicap access), 1 Waiting Room, 3 Exam Rooms, and 2 Nursing Stations. Men's and Women's toilets with handicap features. Two staff toilets (one with handicap features). Tankless water heater. 10 Parking Spaces with 2 electrical car chargers Recent complete redesign and rebuild as a medical building. Good for many types of medical disciplines: Pediatrics, General Medicine, Dentist's Office, Dialysis Center All will be happy here. Don't just drive by. Demand to see the inside it's like a different world inside. Better than most of the fancy hospitals you see in magazines. Sufficiently equipped with medical equipment and furniture that could be negotiated as part of the purchase. This building could serve as a turnkey operation for a medical professional.

Looking for a Commerical Property? Looking to be your own boss? Run your own business? If you said yes to all these questions we have the perfect commercial property for you. The location is perfect for any growing business. Currently a mini market in a very high traffic corner lot with maximum exposure. Currently, the business is a Mini-Market. The Business is included in the sale.

Creative office. Rich in character, rare and exceptional Hollywood Boulevard creative office. A five-minute walk from Hollywood & Vine Metro Station. Iconic location next door to the Pantages Theater, across from the Capitol Records Building and the W Hotel. Featuring an open plan, three separate offices and large common area, private conference room, kitchenette, exposed ceilings, abundant natural light, creative finishes and an Art Deco flair. Impeccably maintained. Abundant parking available at the Vine Street.

Warehouse property located in the City of Los Angeles. This 1-story property features 5,000 sq ft of building space and 5,850 sq ft of Lot size. Zoned in C2, the building can be used as an Art or antique shop, pet shop, carpenter or plumbing related, catering shop, interior decorating shop, tire shop, or restaurant or cafe. This building can also be used for all uses for C1.5 (12.13.5) or C1 Limited Commercial Zone (12.13). Some new features added to the building: a garage door has just been fixed, upgraded with new windows and the Roof has been replaced. Close distance to Los Angeles International Airport and Union Station. Nearby freeways are I-10 and I-110 for convenient commuting.

Partners CRE are proud to present for sale a perfect Owner-User opportunity in the El Salvador Community Corridor of Pico Union.Walk Score calls this area a Walker's Paradise with Good Transit and Very Bikeable. The property is perfectly situated to run a business with great street exposure and alley access.Zoned C2-2D-CPIO Tier 3, the building features 1,573 SF of space with a 350 SF parking area in back, with a gate to the alley.The densely populated community is the first and most important step for the success of most businesses! This ideal location allows for instant storefront exposure that will lead curious neighbors to become regular patrons! Do not miss out on instant exposure and a ready-built customer base!

Coin laundromat on a signalized corner, free standing building with 7 parking spaces secured adjacent to an alley.High traffic, across from LA County Sherriff station and Community service center.12 FT interior ceiling height, 1 bathroom, 1 sink, 1 storage room, 1 water heater.

**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.

APPROXIMATELY 9,000 SF LCM1 ZONED STRIP RETAIL BUILDING.LOCATED AT THE SIGNALIZED CORNER OF WHITTIER BLVD. & KERN AVE., WITHAPPROX. 60 FT OF FRONTAGE ALONG WHITTIER BLVD.LOCATED ON A MAJOR COMMERCIAL THOROUGHFARE WITH GREAT FOOT & CARTRAFFIC COUNTS; 26,000 CARS PER DAY.GOOD DEMOGRAPHICS: OVER 45,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS &OVER 280,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.GREAT OPPORTUNITY FOR AN OWNER/USER OR INVESTOR WITH A TENANT(S) INMIND AND UPSIDE IN RENTS. MANT POTENTIAL. LOWER THAN CURRENT MARKET RATE.THERE IS A POSSIBILITY THAT THIS AREA WILL BE CONVERTED INTO ZONING THAT CAN BUILD RESIDENTIAL FACILITIES, ETC. IN THE FUTURE.PLEASE DO NOT DISTURB TO OCCUPANTS. DRIVE BY ONLY. SUBJECT TO INSPECTION.

Subject to Escrow Cancellation due to Buyer's failure to perform. Development Opportunity!! Two Churches with Two Individual Sanctuaries in one lot. All can be individually ran or be a part of a much larger congregation. In a bustling market where specialty buildings are becoming short in supply, this 21,831 sq. ft. complex will definitely fit your organization's needs. The first church has ample seating for up to 300 guests, an A/V room, two pastor/minister offices, a commercial kitchen and dining room that can serve approximately 75+ patrons. The second church(currently leased at $6K/mo) sits on the second level of a nursery/school, and can comfortably seat up to 200 guests. The second church also comes equipped with a kitchen, pastor's office, and A/V room. Both church exits lead to the the third church, that features a nursery/school with four classrooms, a recreation hall, a commercial grade kitchen, a laundry room, three bathrooms, and two storage closets. Additionally, with a parking lot that includes over 40+ parking spaces, you will never run out of space for your guests while hosting events. Currently, the church rents unused space to other organizations on weekends, bringing in an average of $5K of extra income per month. The excess parking allows for building conversion to multi-family units (Up to 54 units according to LA Planning), or other types of businesses such as shelter, community outreach, or school. Buyer and/or Buyer's agent to conduct their own investigation and to verify information until satisfied.

Nice Commercial Building for Sale Located in a Busy street not far from montebello and downtown Los Angeles Agents Bring your commercial clients Nice Building need of TLC..... must see to appreciate. Seller is motivated to sell

Location! Location! Location! Currently running Movie Theater, known as "Gardena Cinema" with a Commercial lot size 41,695 sq ft (Two lots including a parking lot) on a busy Crenshaw Blvd (near from the corner Marine Ave) in Gardena City for sale, its property and its theater movie showing business together. This property's frontage to the Crenshaw Blvd is 250 feet x depth 160 feet. total lot size is app. 41,695 sq.ft. comercial zoning lot.The present owner has owned and operated this movie theater business for the past 46 years long and now seller is ready to retire from this lovely business. The theater building size is 10,231 sq ft with capacity 800 seats, built in 1947, one story-building with a high ceiling and parking 120 lots which is in an adjacent lot. There is one tenant, a beauty hair salon in the right side of the theater entrance and another retail space in the frint This sale is included movie/cinema business and its equipment. Any buyer can run the cinema business or rent the theater for a movie company or others at the rate of $1,200~1,500 per hour. Monthly income from the movie theater is depended on how many days or how often times per day this cinema, and Irregular rent income by providing the cinema facilities.This property is also having a big potential for redevelopment opportunities for a multi unit apartments on this large lot (Buyer and its agent must verify with local governments about all information). This property is located in growing area, near El Camino College, LAX airport, SoFi Stadium and Downtown LA. Easy access to Freeway 110, 405, 105 and 91.

HIGH TRAFFIC LOCATION IN METRO LOS ANGELES AREA - CLOSE TO MAJOR FREEWAYS- CLOSE TO DOWNTOWN LOS ANGELES - THIS A GREAT CORNER LOT WITH ACCESS OFF CENTRAL OR 50TH STREET - ZONING IS RETAIL OR MIXED USE - MOST IMPORTANT PLANS ARE ALMOST FINISHED FOR A DRIVE THROUGH COFFEE BAR PLUS THERE IS ROOM FOR OUTSIDE SEATING

Over an acre lot, 56,177 sqft lot, 46,079. Sqft buildingThe perfect investment for the right buyer

Location,location,location! Great investment opportunity. Almost a $100k dollars worth of renovation and paints of exteriors. FRESHLY PAINTED throughout exterior wall,new install of a beautiful and modern look facade in the front(center) of the building,new front windows,freshly painted door on each unit,new concrete on the driveway,new decomposed granite both in the backyard and sideyard ,new landscaping in the frontyard .This triplex is on a large lot, zoned R3 and features a(first unti) 2 bedrooms with 1 1/5 bathrooms unit , (second unit)2 bedrooms with 1 bathroom unit and third unit)1 bedroom with 1 bathroom unit. There is a possible 4th unit of living space with bedroom space ,bathroom (not permitted) with its own backyard. The shared laundry room has new flooring,and freshly painted throughout.A designated storage per unit, individual 1 car parking lot. A very quiet and established community,very close to freeway, to LAX,famous beaches ,shoppings and winning schools .

FREE STANDING RETAIL BUILDING @ 3200 Sf. with ample parking.Please drive by.The lot size - 13821 Sf. A single tenancy, currently a Supermarket. The property is sold with vacant procession at close of COE. This City is one of the fastest growing district. If you drive around the location, modern multifamily condos are coming up all over the place. USC is just mins away from this place.The location is ideally close to Downtown with easy commute.Buyer is advised to do his own due diligence verifying the size and condition of property.Seller and Sellers agent is not aware of the accuracy of the size and other condition as shown in the public Record.

GREAT LOCATION ON SLAUSON AVENUE AND 8TH STREET AND A STOP LIGHT CONTROLLED INTERSECTION - CURRENTLY IS A MINI MARKET THAT HAS A DRIVE THROUGH WINDOW THERE IS A SECOND BUILDING THAT IS BEING USED AS RECORDING STUDIO - THEIR IS ENGRESS AND DEGRESS ENTRANCES ON 8TH STREET AND SLAUSON AVENUE - THEIR ARE PLANS AVAILABLE TO CONNECT TO 2 BUILDINGS WITH AN ADDITIONAL 1700 SQFT WITCH WOULD BRING THE TOTAL SQUARE FOOTAGE TO ABOUT 2300 SQUARE FOOT - IDEAL FOR EXSPANSION OR REDEVELOPEMENT

THE SUBJECT BUILDING IS LOCATED RIGHT OFF MANCHESTER WHICH IS STOP LIGHT CONTROLLED - THIS A HIGHLY VISABLE LOCATION WITH LOTS TRAFFIC - THERE ARE 2 VACANCIES BUT THE RENTS COULD BE $15OO MONTH SO THE GROSS INCOME WOULD BE $108,000

THIS BUILDING MUST BE PURCHASED CONCURRENTLY WITH THE BUILDING NEXT DOOR 8852 S WESTERN-THE ADJACENT 8856 S WESTEN BUILDING ARE ALSO FOR SALE - THIS COMMERICAL (ZONED C2) BUILDING CONSISTS OF ABOUT 2132 OF COMMERICAL/OFFICE SPACE WHICH ALLOWS FOR NUMEROUS RETAIL AND/ OR OFFICE USES PLUS A SECOND FLOOR APARTMENT OF APPROXIMATELY 750 SQFT THE ADJACANT TO PARCELLS ARE ALSO AVAILABLE - THE PROPERTY IS NOW RENTED ON A MONTH-TO-MONTH BASIS AND AND COULD BE DELIVERED VACANT AT THE CLOSE OF ESCROW- THE PROPERTY IS LOCATED IN FRONT OF BANK OF AMERICA AND SUPERIOR MARKET AND ISLESS THAN ONE MILE AWAY FROM THE NEW SOFI STADIUM AND HOLLYWOOD PARK - THE BUILDING HAS 2 DOORS ONE ON WESTERN AVENUE AND THE OTHER ON THE PARKING AREA IN BACK OF THE BUILDING WHICH CAN ACCOMADATE UP TO 8 CARS PLUS A FRONT AREA FOR 4 CARS THAT IS 12 PARKING SPACES - THE PROPERTY HAS A NEW ROOF PLACED 2 YEARS AGO AND IS IN VERY GOOD CONDITION

THIS BUILDING MUST PURCHASED WITH THE 2 ADJACANT BUILDINGS WHICH ARE 8850 S WESTERN AND 8856 S WESTERN - COMMERICAL ZONED C2 BUILDING CONSISTS OF 4 RETAIL STORES AND EACH IS APPROXIMATLEY 1,125 SQUARE FEET - THE 2 ADJACANT BUILDING ARE FOR ALSO FOR SALE - PROPERTY IS LOCATED IN A VERY BUSY AREA IN SOUTH LOS ANGELES - AND IS CURRENTLY RENTED OUT ON A MONTH TO-MONTH BASIS - THE STORES HAVE A MEZZANINE STORAGE AREA - THE BUILDING IS LOCATED IN FRONT OF BANK OF AMERICA AND SUPERIOR MARKET AND IS LESS THAN ONE MILE AWAY FRON THE NEW SOFI STADIUM AND HOLLYWOOD PARK - EACH STORE HAS A SEPARATE BATHROOM WITH SHOWER- EACH STORE HAS TWO DOORS ONE ON WESTERN AVENUE AND THE OTHER ON THE PARKING AREA LOCATED IN THE BACK OF THE BUILDING WHICH CAN ACCOMMADATE UP TO 6 CARS PLUS THERE IS ALLEY PARKING - THE PROPERTY HAS A NEW ROOF THAT WAS REPLACED 2 YEARS AGO AND IS IN VERY GOOD CONDITION

THIS BUILDING MUST BE PURCHASED WITH THE 2 ADJJACANT BUILDING NEXT WHICH ARE 8850 S WESTERN AND 8852 S WESTERN - BUILDING IS USED AS WAREHOUSE SPACE OF APPROXIMATEY 5000 SQUARE FEET IN A VERY BUSY AREA OF SOUTH LOS ANGELES. THE TWO ADJACANT BUILDINGS ARE AVAIABLE ALSO - THE WAREHOUSE CONSISTS OF SEPARATE SHOW ROOMS AND IS SUITABLE FOR ANY WAREHOUSE/SHOW INDUSTRY - THE WAREHOUSE IS LOCATED ACROSS FROM BANK OF AMERICA AND SUPERIOR MARKET AND IS ABOUT A MILE FROM SOFI STADIUM AND HOLLYWOOD PARK - THE WAREHOUSE HAS ABOUT A 450 SQFT LIVING QUARTER AND CONSISTS OF ONE BEDROOM A KITCHEN AND BATH AND SHOWER - THE WAREHOUSE HAS ATOTAL OF 2 BATHROOMS AND 2 SHOWERS - THE WAREHOUSE HAS AN ADDITIONAL 1000 SQFT OF ATTIC STORAGE SPACE - THE WAREHOUSE HAS TWO DOORS, ONE ON WESTERN AVE AND THE OTHER IS ON THE ALLEY BEHIND THE BUILDING WITH AMPLE PARKING - THE IS AN ADTTIONAL 700 SQUARE BUILDING RENTED OUT TO SPRINT MOBILE FOR $1200 PER MONTH

IDEAL FOR A MAJOR DEVELOPMENT PROJECT - THE SUBJECT PROPERTY IS LOCATED ON A HIGH TRAFFIC STREET THAT WILL HAVE A MICROLINK LINE IN FRONT IN THE FUTURE - A MICROLINK STOP WITHIN HALF A BLOCK ON NORMANDIE - THE BUILDINGS ARE ON 6 LOTS - THERE IS ALLEY ACCESS - THE BUILDING SQUARE FEET IS FROM THE TAX ASSESSORS TAX ROLLS - AGENTS AND BUYERS BUYERS TO VERIFY WITH THE CITY - THE PROPERTY IS ZONED COMMERICAL AND IS VERY CLOSE TO MAJOR SHOPPING

City Zoning LAM 3(Heavy Manufacturing) and located 5 min. from Los Angeles downtown.

Building currently used as a Place of Worship, this building is filled with intricate architectural design. Exterior has been given an updated look. Inside is a opera theater style worship sanctuary with first level and second level balcony seats and high ceilings. Adjacent to the main sanctuary is the Multi-purpose Fellowship Hall with 2 roll up walls connecting to the main stage to fit more audience for occasion's overflow. The facility also offers many rooms for administrative offices and a few larger size room for bigger classroom style settings and several other smaller size rooms for different uses. There is a child care area, and several (4) bathrooms to accommodate a busy setting. The property is also equipped with a fully functional remodeled kitchen. Zimas states zoning is LARD2-1-CUGU.