10318 S Budlong, Los Angeles, CA 90044

Property Description

Rare opportunity to own a versatile Los Angeles property currently operating as a church, with significant potential for an owner-user, congregation, investor, or future developer. Situated on an LCR320U-zoned lot, this property offers the unique combination of an existing functional religious facility, income-producing potential, and valuable land-use flexibility for the future. The property is currently being utilized as a church and provides an excellent opportunity for a new congregation seeking an established location where it can continue serving the surrounding community, grow its ministry, and create a lasting place of worship and outreach. The existing space can accommodate a variety of community-oriented activities and provides a foundation for an organization looking to expand its mission and impact. For an investor or visionary developer, the real opportunity may be in the and and its future potential. LCR320U properties in Los Angeles are commonly utilized for multifamily and mixed-use applications, and comparable properties have been marketed for both residential and mixed-use redevelopment. Depending on the specific site, applicable regulations, approvals, and building requirements, future possibilities may include redevelopment incorporating commercial or community-serving space at the ground level with residential uses above. Imagine creating a future community-focused project where the lower level serves as a church, community center, nonprofit, or other neighborhood-serving establishment, while upper levels could potentially be developed into housing, supportive living space, offices, or other permitted uses. A future owner could envision a church and congregation below with a family resource center, transitional housing, rehabilitation-oriented services, or supportive accommodations above, creating a property designed not only to generate value but to directly serve families and individuals in need. The sale includes everything needed to a new congregation right away; chairs and pews, appliances, video security equipment, office equipment, sound system, and musical instruments. The outdoor tent is excluded from the sale. The property is currently occupied by tenants on a month-to-month basis, providing flexibility for an investor who wants to maintain occupancy or for an owner-user/new congregation that prefers the property delivered vacant.