Seller Carry Available

7,318 SF | Industrial Building | Los Angeles, CA 90037 | $2,888,888 ($395/SF)

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $2,888,888

Property Type
Industrial
Price / Square Foot
$395

Listing Contacts

Sam Nobel
Sam Nobel
Verified Profile
  • Property Info

Property Overview

For Sale 3901 Broadway Pl. a versatile Industrial Property with M1 Zoning. Located at the strategic intersection of Broadway Place and Main Street, this substantial 7318 square foot corner building is an exceptional opportunity for businesses looking for a space in a prime Los Angeles location. With its M1 zoning, this property is ideal for a wide range of manufacturing uses, including cannabis related operations. This property represents a significant investment opportunity, whether for owner users or traditional manufacturers seeking proximity to downtown Los Angeles and major entertainment venues. The building’s location near Los Angeles’s major cultural and educational centers, combined with its proximity to the BMO Stadium, makes it a strategically attractive site for both traditional and innovative business models, including high demand sectors like cannabis.
Seller Financing Option Available:
The seller is open to carrying a portion of the loan for qualified buyers. The terms of the seller financing are as follows:
Down Payment: One million dollars.
Balance: The remaining balance will be carried by the seller at a fixed interest rate of 5%.
Payment Structure: Interest-only payments for a period of 36 months.
Additional Cannabis Licensing Opportunity:
The sale of the building could also include a separate offer for a micro-business (non-social equity) cultivation, manufacturing, and distribution license. For those interested in acquiring both the property and the micro-business licenses as a bundled package, this option is available, presenting a comprehensive opportunity for entering or expanding within the cannabis industry. Get in touch with us for further details and pricing for this cultivation license.
Property Features:
Size: 7318 square feet of industrial space.
Location: Prominent corner building at Broadway Place and Main Street, offering excellent visibility and access.
Access: Large rollup door on the side for automotive and delivery access.
Proximity to Major Landmarks: Views of BMO Stadium; minutes away from USC, LA Coliseum, Exposition Park, California Science Center, Natural History Museum of LA County, and LA Expo Center.

Zoning: M1, suitable for various manufacturing businesses, including:
1. Electronics Manufacturing
2. Auto Assembly and Repair
3. Textile Production
4. Furniture Manufacturing
5. Food Processing
6. Metal Fabrication
7. Pharmaceutical Production
8. Printing and Publishing
9. Machinery Manufacturing
10. Warehousing and Distribution
Freeway Proximity:
3901 Broadway Place, LA CA 90037 enjoys proximity to several major freeways, enhancing accessibility and connectivity for businesses and commuters alike. Here’s how it connects to key freeways and their relevance to various industries:
1. Interstate 110 (Harbor Freeway):
Located just east of the property, Interstate 110 is a crucial north-south artery connecting the Port of Los Angeles with downtown Los Angeles and beyond.
Industries: This freeway is vital for transportation and logistics businesses involved in port-related activities, warehousing, distribution, and manufacturing.
2. Interstate 10 (Santa Monica Freeway):
Running west of the property, Interstate 10 is one of the busiest freeways in the United States, stretching from Santa Monica to Jacksonville, Florida.
Industries: It serves as a major corridor for transportation and logistics companies, connecting the Los Angeles area with the rest of Southern California and facilitating the movement of goods and people.
3. Interstate 105 (Glenn Anderson Freeway):
Located south of the property, Interstate 105 is a critical east-west freeway connecting Los Angeles International Airport (LAX) with Interstate 605 in Norwalk.
Industries: This freeway is essential for businesses involved in international trade, air cargo, and logistics, as it provides efficient access to LAX and the surrounding industrial areas.
4. Interstate 5 (Golden State Freeway):
Although not immediately adjacent to the property, Interstate 5 is easily accessible via nearby surface streets.
Industries: Interstate 5 is a major transportation corridor for various industries, including agriculture, manufacturing, and distribution, as it connects Los Angeles with Northern California and the rest of the West Coast.
5. Interstate 710 (Long Beach Freeway):
Located southeast of the property, Interstate 710 is a key north-south freeway connecting the Port of Long Beach with the rest of the Los Angeles metropolitan area.
Industries: This freeway is crucial for businesses involved in port-related activities, warehousing, distribution, and manufacturing, especially those located in the Long Beach and South Bay areas.
Overall, the proximity of 3901 Broadway Place to these major freeways provides convenient access to a wide range of industries, facilitating transportation, logistics, and economic activity in the region.
Contact Information: For more details or to schedule a property tour, please contact Sam Nobel at 818.943.1150. Seize the opportunity to own a prime piece of industrial real estate in one of LA’s most dynamic areas.

Property Details

Class
C
Year Built
1950
Stories
1
Property Subtype
Distribution, Manufacturing, Freestanding, Office Live/Work Unit
Lot Size (sq. ft)
7,405 SF

Highlights

  • Situated at the intersection of Broadway Place and Main Street, the property enjoys a prominent corner position maximizing visibility.
  • With a generous 7318 square feet of industrial space, the building provides ample room for various operations.
  • Equipped with a substantial roll-up door on the side, the property offers convenient access for automobiles and trucks.
  • The property is strategically located near iconic landmarks such as BMO Stadium, USC, LA Coliseum, and more.
  • Zoned as M1, the property is suitable for a wide range of manufacturing and industrial uses, offering flexibility for businesses.

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