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$10,900,000
218 Days Online

14948 Crenshaw Boulevard
Gardena, CA 90249

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
10,231
SqFt
$1,065
/SqFt
1947
Built
County:
Los Angeles
Listed by Jason Hong of Team Spirit Realty 213-500-7237

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14948 Crenshaw Boulevard14948 Crenshaw Boulevard14948 Crenshaw Boulevard14948 Crenshaw Boulevard
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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.

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Listing Snapshot
Price 
$10,900,000
Days Online 
218 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,231 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.9572 Acres
Year Built 
1947
MLS Number 
RS22247037
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS
3 months agoPrice changed to $10,900,000
7 months agoListing first seen online
General Features
Parking Spaces 
120
Electric 
Electricity On Property
Number of Stories 
1
Acreage 
0.9572
Water 
Public
Property Sub Type 
Special Purpose
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Zoning 
GAC3
Listing Conditions 
Standard
Interior Features
Laundry Features 
None
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Exterior Features
Roof 
Other
Lot 
Lot Over40000 SqftNear ParkNear Public TransitPavedRectangular LotStreet Level
Community Features
Community Features 
Park
MLS Area 
C34 - Los Angeles Southwest


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. The 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.

Neighborhood & Commute
Source: Walkscore
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