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$ 2,100,000
Est. payment | /mo
11,568 SqFt
$ 2,100,000
Est. payment | /mo
11,568 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 11,568 sqft
Price per Sqft $181
MLS Listing ID CL25613625
HOA Y/N No
Year Built 1925
Lot Size 8,353 Sqft
Acres 0.19
Property Sub-Type Comm Ind For Sale
Property Description
REDUCED! 5734-5736 S Broadway | Los Angeles, CA 90037 | 29-Unit Mixed-Use Building | Major Value-Add Opportunity | Rare opportunity to acquire a three-story, 29-unit mixed-use property located in the rapidly improving South Los Angeles corridor. The ground floor features a built-out restaurant space plus two 1-bed/1-bath apartments. The second floor offers eight self-contained studio units, each with its own kitchen and bathroom, while the third floor includes sixteen single-room units with shared restrooms an efficient, high-yield mix that generates steady income and strong cash-flow potential. In addition, two on-site cell phone towers generating additional income. Priced at a crazy low price of $72,413 per unit. With an estimated 30-50% rental upside through property improvements, re-tenanting, and proper management, this asset presents an exceptional value-add opportunity in one of LA's most active and evolving neighborhoods. Prominently positioned along high-visibility S Broadway, the property offers convenient access to Downtown LA, USC, the 110 Freeway, and major transit lines, making it attractive to both residential tenants and commercial operators.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 9
Building
New Construction No
Others
Tax ID 5101025033
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Listed by George Morales • Compass
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