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8310 S Broadway, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

8310 S Broadway, Los Angeles, California 90003 home-pic-0
ACTIVE$799,000
8310 S Broadway, Los Angeles, California 90003
0Bed
0Bath
3,014Sqft
5,754Lot
Year Built
1935
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$265
HOA
-
Days on market
-
Sold On
-
MLS number
DW25089886
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(50th), sqft - 3014(50th), beds - undefined(50th), baths - undefined(50th).

FANTASTIC OPPORTUNITY TO OWN A MIX-USE PROPERTY. THE PROPERTY HAS TWO DIFFERENT ADDRESSES 8308 S BROADWAY BUILT IN 1935 WITH DISTINCT COMMERCIAL SPACES EACHFEATURING ITS OWN RESTROOM FACILITIES, PLUS STORAGE SPACE, CAN BE USE FOR DIFFERENT PURPOSES OF BUSINESS, SELLER WILL DELIVERED ALL VACANT.8310 S BROADWAY A 2 STORY HOME BULT IN 2001, OFFERING 3 BEDROOMS AND 2.5 BATHROOMS, CURRENTLY OCCUPIED BY OWNER, BUT COULD BE RENTED FOR $3,500, ONE OF THE BUSINESS UNIT WAS RENTED AND OPERATED AS HERBALIFE STORE, SELLER WILL DELIVERED VACANT AT CLOSE OF ESCROW. THE OTHER BUSINESS SPACE IS NOT RENTED, BUYERS AND BUYERS AGENTS ARE ENCOURAGED TO CONDUCT THROUGH DUE DILIGENCE...THIS PROPERTY HAS PETENTIAL AND GREAT OPPORTUNITY TO LIVE AND HAVE YOUR OWN BUSINESS. GREAT LOCATION MINUTES TO DTLA, COLISEIUM BMO STADIUM EASY ACCESS TO 110 FWY, MINUTES AWAY TO SOFI STADIUM, MINUTES TO LAX TOO.

Price History

Date
Event
Price
04/23/25
Listing
$799,000
Condition Rating
Fair
The residential portion of this mixed-use property (8310 S Broadway) was built in 2001, making it 23 years old. The kitchen features dated wood cabinets, tiled countertops, and basic appliances, indicating no significant updates since construction. The visible bathroom also appears functional but outdated. Flooring is a mix of older ceramic tile and wood-look laminate. While the property appears to be maintained, its major components and aesthetic elements are clearly outdated, aligning with the 'Fair' category for a property built over 20 years ago with no major renovations.
Pros & Cons

Pros

Mixed-Use Versatility: This property offers a unique and highly desirable mixed-use configuration, combining a 3-bedroom, 2.5-bathroom residential home with two distinct commercial spaces, ideal for owner-operators or investors seeking diversified income streams.
Strong Income Potential: The residential unit alone is projected to rent for $3,500/month, and with commercial spaces being delivered vacant, there's immediate opportunity for new leases or owner-operated businesses to generate substantial rental income.
Strategic Los Angeles Location: Boasting excellent connectivity, the property is minutes from DTLA, major stadiums (Coliseum, BMO, SoFi), offers easy access to the 110 FWY, and is conveniently close to LAX, enhancing its appeal for both residents and businesses.
Newer Residential Construction: The 2-story residential home was built in 2001, providing modern living standards and potentially fewer immediate maintenance concerns compared to older properties in the area.
Vacant Commercial Units: The seller will deliver all commercial spaces vacant at the close of escrow, offering maximum flexibility for a new owner to select tenants, establish their own business, or reconfigure the spaces without existing lease encumbrances.

Cons

Age of Commercial Structure: The commercial building, constructed in 1935, may necessitate significant capital expenditure for updates, maintenance, or to meet current commercial codes and tenant expectations, potentially impacting initial investment costs.
Due Diligence Implication: The strong encouragement for 'thorough due diligence' often suggests potential undisclosed issues or that the seller is not making guarantees about the property's condition, placing a higher burden and risk on the buyer for inspections and potential repairs.
Unrented Commercial Space: One of the commercial units is currently unrented, representing a missed income opportunity and a potential challenge for the new owner to secure a tenant immediately upon acquisition.

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