7700 S Broadway

Investment Highlights

Corner property with high visibility - across from LA police station. Zoning: LA C2 - Medical use permitted. 3,352 sqft building --with 3 updated bathrooms. 2 street addresses can be used, 7700 S Broadway or 200 west 77th St. Convenient floor plan for one user or multi users with updated office suites. Individual central air units for each section.

Executive Summary

Huge price reduction, 7700 S Broadway, this single-story commercial building features three professional office spaces (one space can be divided in two)and one retail/food service space, making it an ideal investment choice for both personal use or investment. The property is zoned under LAC2 regulations and is strategically situated on the highly visible corner of S Broadway and 77th Street across from the 77th Street Community Police Station. According to the City of LA planning Div. Medical Use is permitted without parking requirement(SEC. 12.14. ?C2? COMMERCIAL ZONE-Please check with City of Los Angeles). The office spaces have recently undergone extensive renovations, resulting in a professional appearance suitable for various professional services, including but not limited to attorneys, medical practitioners, accountants, insurance agents, bail bond services, etc. The large back office, which can be split in two offices, has its own 3/4 bathroom and the other two ? bathrooms serve the rest of the building. Additionally, one office space, positioned at the corner of S Broadway and 77th Street, offers exceptional visibility. Please note that the entire office space is currently occupied by the sellers' owned bail bond business. The retail/food service space faces S Broadway and features a main serving area and two separate prep rooms. It has a door opening to the side yard with access to the back parking area which may be used as a handicap access(check City requirements). Although no active business is currently operating in this space, there is immense potential for the new ventures. Furthermore, the property offers a pleasant outdoor lounge area for relaxation, dining, and coffee breaks. The Property will be delivered vacant upon the successful completion of escrow. Sellers may need about 2 months after COE to move out.Should you require further details or wish to schedule a viewing, please do not hesitate to contact me directly. Please DO NOT go into the property without appointment with the listing agent.

• Sale Type    Investment or Owner User
• Property Type    Office Office General Retail Fast Food General Retail Freestanding Office Medical Office
• Building Size    3,352
• Building Class    B
• Year Built    1942
• Price    1,148,888
• Price Per SF    343
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Typical Floor Size    3,352
• Building FAR    0.51
• Land Acres    0.15 AC

• Food Service
• Restaurant
• Signage
• Central Heating
• Natural Light
• Reception
• Recessed Lighting
• Air Conditioning