5314 Broadway

Los Angeles, CA 90037

$1,195,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $159 / sqft

1923

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 5314 Broadway
City Los Angeles
State CA
Zip 90037
County Los Angeles
Listing Agent Daniel Hirth DRE#01515796
Courtesy Of KW Advisors
MLS 24385579
List Price $1,195,000
Status Active
Type Commercial
Subtype Commercial/Residential
Structure Size N/A
Lot Size N/A
Year Built 1923
DOM 1

Exterior Information

Maps

Listing information courtesy of: Daniel Hirth, KW Advisors . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 29th, 2024 at 12:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.