Active
14948 Crenshaw Boulevard
Gardena CA, 90249
$10,900,000
$1,065.39 per sqft
Active
10,231 sqft
Commercial
Built in 1947
Listed by Jason Hong with Team Spirit Realty 213-500-7237
Location! Location! Location! Currently running Movie Theater, known as "Gardena Cinema" with a Commercial lot size 41,695 sq ft (Two lots including a parking lot) on a busy Crenshaw Blvd (near from the corner Marine Ave) in Gardena City for sale, its property and its theater movie showing business together. This property's frontage to the Crenshaw Blvd is 250 feet x depth 160 feet. total lot size is app. 41,695 sq.ft. comercial zoning lot.
The present owner has owned and operated this movie theater business for the past 46 years long and now seller is ready to retire from this lovely business. The theater building size is 10,231 sq ft with capacity 800 seats, built in 1947, one story-building with a high ceiling and parking 120 lots which is in an adjacent lot. There is one tenant, a beauty hair salon in the right side of the theater entrance and another retail space in the frint
This sale is included movie/cinema business and its equipment. Any buyer can run the cinema business or rent the theater for a movie company or others at the rate of $1,200~1,500 per hour. Monthly income from the movie theater is depended on how many days or how often times per day this cinema, and Irregular rent income by providing the cinema facilities.
This property is also having a big potential for redevelopment opportunities for a multi unit apartments on this large lot (Buyer and its agent must verify with local governments about all information). This property is located in growing area, near El Camino College, LAX airport, SoFi Stadium and Downtown LA. Easy access to Freeway 110, 405, 105 and 91.
RS22247037
MLSⓇ ID
November 27, 2022
Listed
August 30, 2024
Updated
Map
14948 Crenshaw Boulevard
Gardena CA, 90249
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.96 Acres
Lot Features
Lot Over 40000 Sqft, Near Park, Near Public Transit, Paved, Rectangular Lot, Street Level
Roof
Other
Other Property Details
Area Name
C34 - Los Angeles Southwest
Days on Market
595
Garage
No
Parking Total
120
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
GAC3
Listing History
Date | Event | Price |
---|---|---|
12/23/2023 | Price change | $10,900,000 13% |
Listing Contact: 714-562-0404
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 8:05 PM UTC