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8461 S San Pedro St 5,300 SF Specialty Building Offered at $2,595,000 in Los Angeles, CA 90003

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INVESTMENT HIGHLIGHTS

Gated Parking
Kitchen in Dining Hall
Great for Catering or Entertainment Uses

2 Buildings
Close to SoFi, IntuitDome, Kia Forum,

EXECUTIVE SUMMARY

8461 S San Pedro St. in South Los Angeles is a multifaceted diamond of an opportunity for a redevelopment project or an owner-user to utilize two great buildings that total around 5,565 SF on an almost 16,000 SF gated/secured lot. There are multiple zoning perks that make this a great redevelopment opportunity with a multitude of possibilities. Just minutes from So-Fi & Intuit Dome. 31 Parking Spaces with room to park more cars.
Building One consists of a large auditorium, 4 offices, 3 bathrooms, sound/utility room, a large stage, lobby area, and a large water tub behind the stage.
Building Two is being utilized as a dining and event hall that features a permitted kitchen, bathroom, closet, and a good sized storage space as well.
Corner Lot - Gotham Park - Currently utilized as a church. Seller is open to Seller-Financing with 60% down and for up to 4 years.

OM_SanPedroSt.

PROPERTY FACTS

Price	$2,595,000	Building Class	C
Price Per SF	$466.31	Lot Size	0.36 AC
Sale Type	Investment or Owner User	Building Size	5,565 SF
Sale Condition	Redevelopment Project	No. Stories	1
Property Type	Specialty	Year Built	1942
Property Subtype	Religious Facility Specialty Parking Lot Specialty Lodge Meeting Hall Specialty Schools	Parking Ratio	5.57/1,000 SF
Zoning	LAR4 - R4 Multi-unit development ZI-1231 South LA Alcohol Sales ZI-2374 Enterprise Zone ZI-2512 Housing Element Sites ZI-2452 Transit Priority City of LA

Price	$2,595,000
Price Per SF	$466.31
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
Property Type	Specialty
Property Subtype	Religious Facility Specialty Parking Lot Specialty Lodge Meeting Hall Specialty Schools
Building Class	C
Lot Size	0.36 AC
Building Size	5,565 SF
No. Stories	1
Year Built	1942
Parking Ratio	5.57/1,000 SF
Zoning	LAR4 - R4 Multi-unit development ZI-1231 South LA Alcohol Sales ZI-2374 Enterprise Zone ZI-2512 Housing Element Sites ZI-2452 Transit Priority City of LA