$5,000,000 USD
310-490-0902
425 S Broadway
Los Angeles, CA 90013
Financial District
HIGHLIGHTS
- Anchored by AT&T - Stable, long term Anchor tenant, with two additional tenants each with 10-17 years of occupancy, building 100 % occupancy.
- Strong Income Stream-Current of $30,000 month with the potential to increase to $60,000/ month
- High Visibility and Accessibility. Situated in a thriving commercial district on Broadway between forth and fifth street.
- Prime Downtown LA Location with Nearly 30,000 sq.ft. Property. And Large Lot Size - 10,000 sq.ft. Lot
- High Foot Trafic Area- located in the heart of the city. Historic Broadway corridor-A rapidly evolving commercial district.
- Value-Add potential-Significant upside in rental income and long term appreciation in a growing market.
FOR SALE DETAILS
PRICE
$5,000,000 USD
PRICE/SF
$171 USD /SF
CAP RATE
6.28%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Pearl property.
PROPERTY TYPE
Office
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
1932
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.23 AC
LAND SF
10,019 SF
ZONING
LA C2
APN/PARCEL ID
5149-025-001
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310-490-0902
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310-490-0902
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