5734 S Broadway, Los Angeles, CA 90037
5734 S Broadway, Los Angeles, CA 90037
5734 S Broadway, Los Angeles, CA 90037
16
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$2,100,000
Est. payment /mo
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11,568 SqFt
Price Dropped by $350K

5734 S Broadway Los Angeles, CA 90037

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,568 sqft

Price per Sqft $181

MLS Listing ID 25613505

Style Art Deco

Year Built 1925

Lot Size 8,353 Sqft

Acres 0.1918

Property Sub-Type Multi-Family

Property Description

REDUCED! 5734-57376 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

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Assigned

Garage Spaces 9.0

Building

Story 3

Architectural Style Art Deco

Level or Stories Three Or More

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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5734 S Broadway