731 W 80th,Los Angeles,Los Angeles,CommercialSale

Property Description

Subject to Escrow Cancellation due to Buyer’s failure to perform. Development Opportunity!! Two Churches with Two Individual Sanctuaries in one lot. All can be individually ran or be a part of a much larger congregation. In a bustling market where specialty buildings are becoming short in supply, this 21,831 sq. ft. complex will definitely fit your organization’s needs. The first church has ample seating for up to 300 guests, an A/V room, two pastor/minister offices, a commercial kitchen and dining room that can serve approximately 75+ patrons. The second church(currently leased at $6K/mo) sits on the second level of a nursery/school, and can comfortably seat up to 200 guests. The second church also comes equipped with a kitchen, pastor’s office, and A/V room. Both church exits lead to the the third church, that features a nursery/school with four classrooms, a recreation hall, a commercial grade kitchen, a laundry room, three bathrooms, and two storage closets. Additionally, with a parking lot that includes over 40+ parking spaces, you will never run out of space for your guests while hosting events. Currently, the church rents unused space to other organizations on weekends, bringing in an average of $5K of extra income per month. The excess parking allows for building conversion to multi-family units (Up to 54 units according to LA Planning), or other types of businesses such as shelter, community outreach, or school. Buyer and/or Buyer’s agent to conduct their own investigation and to verify information until satisfied.