$1,195,000
Active
21 Days Online
0 Beds0 Baths7,500 SQFT
Active

5314 S Broadway Los Angeles, CA 90037

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The subject property is a mixed-use retail and residential building sitting at 7, 500 SF on an estimated 5, 617 SF lot. 5314 S Broadway currently consists of two (2) ground level retail storefronts and two (2) residential units located on the second floor. Additionally, in the rear of the building sits a detached structure that is used for storage/parking. With 75% of the building currently vacant, this presents an excellent opportunity for investors seeking over a 7% pro forma cap rate. Immediate market rents can be attained for both the retail and residential units. Furthermore, this offering is well-suited for owner-users interested in leveraging SBA financing, requiring as little as a 10% down! An owner-user has the option to occupy 51% of the premises while leasing out the remaining space for supplemental income.*Per title, building square footage is 5, 869. Buyer to perform own due diligence and verify all information.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site21 Days
  • MLS StatusActive
  • MLS ID Number24385579
  • Home Size Source N/A
  • Year Built1923
  • Lot Size0.1289 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Number of Stories 2
  • Acreage 0.1289
  • Zoning LAC2
  • Listing Conditions Standard

Community Features

  • Association Dues 0
  • MLS Area C42 - Downtown L.A.

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Monthly Payment (Est.)

$6,373
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