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32310845
32310840

7101 Menlo, Los Angeles, CA 90044

CENTURY 21 Masters
Listed by CENTURY 21 Masters
$1,750,000
29 days on market
Updated 24 days ago

7101 Menlo, Los Angeles, CA, 90044

Details
APN APNs: 6013-001-015 and 6013-001-016.
Property Type Special Purpose
Sub Type School, Religious/Church (+1)
Square Footage 12,012
Units 30
Class C
Year Built 1930
Year Renovated 2019
Buildings 1
Stories 2
Lot Size (SqFt) 0.28
Zoning RD1.5
Parking Spaces spaces
Ground Lease No
Ceiling Height 48

South LA multi use facility with parking ideal for church, event, nonprofit, or community use.

Marketing description

BEST PRICED multi-use/church/wedding venue site in LA! Recently appraised in May 2024 at $2,500,000, providing strong third-party support for value. Ownership is pursuing an accelerated sale due to financing and carrying-cost pressures associated with an existing loan structure, creating immediate opportunity pricing for qualified buyers. This is a great opportunity to acquire a two-story multi-use institutional facility offered together with an adjacent dedicated parking lot in the heart of South Los Angeles. The offering includes two parcels totaling approximately 12,012 SF of land with an improved building of approximately 9,688 SF, featuring two large halls across the first and second floors (approx. 4,600+/- SF and 4,606+/- SF respectively), allowing for flexible or simultaneous use configurations. Currently utilized as a church, the property is also entitled for multi-use including religious facility, private club, nonprofit, assembly hall, and event-based uses, offering a versatile layout for religious use, private events, wedding venue, educational programs, nonprofit organizations, community services, or other assembly uses (buyer to verify). Improvements include two large assembly halls with stage/podium areas, classrooms, offices, storage, multiple restrooms, a large commercial-style kitchen, wide central staircase, multiple entrances/exits, and high ceilings throughout. The adjacent parcel provides approximately 22 on-site parking spaces with alley access, a rare and valuable feature for urban properties. Additional features include 400-amp electrical service, roof permits in 2019 (buyer to verify), and overall clean, functional condition. A small secured telecom equipment room (approx. 160 SF, less than 2% of the building) is subject to an existing easement. Centrally located with convenient access to Downtown Los Angeles, major corridors, and surrounding dense residential neighborhoods with strong demand for institutional and community-based uses. Ideal for church, school, nonprofit, community facility, event use, owner-user, investor, or redevelopment multifamily opportunity. All information, including square footage, permits, zoning, and use, is approximate and subject to buyer investigation.

Investment highlights

• Approx. 9,688 SF multi use facility on ±0.28 acres

• Corner Lot. Ideally located.

• Two parcel offering with dedicated adjacent parking lot

• Flexible potential for church, event/wedding venue, nonprofit, school, or community use

• x2 Large assembly halls, classrooms, offices, kitchen, and multiple restrooms

• Dense infill South Los Angeles location with strong accessibility

• Existing multi use configuration suitable for owner users or specialty operators

• Below replacement cost opportunity with value add and repositioning potential

• Rare large scale assembly property in central Los Angeles market

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CENTURY 21 Masters
Listed by CENTURY 21 Masters

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Additional Information

Name
Enrique Vasquez Plaza
License
01868555
Brokerage
CENTURY 21 MASTERS
Brokerage Phone
6263240388
Title
Salesperson
Brokerage Address
1169 Fairway Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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