213-629-7379
440 S Broadway, Los Angeles, CA for Sale
Parking Lots & Garages - FOR SALE
1/2
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440 S Broadway
Los Angeles, CA 90013
Historic Downtown LA


HIGHLIGHTS

  • Owner-User Opportunity
  • Prime SoBro Location
  • Strong In-Place Parking Income
  • LA Global Spotlight: 2026 World Cup, 2027 Super Bowl & 2028 Olympics
  • Transit-Oriented Asset

OVERVIEW

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire 440 S Broadway, a structured parking garage with ground-floor retail in Downtown Los Angeles. The property currently includes 128 striped parking stalls, with the potential to accommodate approximately 220 stalls through valet operation. The building totals approximately 93,924 square feet, including 56,000 square feet dedicated to parking and approximately 35,753 square feet of commercial space. The property is currently 16% leased on the commercial side and has a parking agreement in place, offering significant upside through lease-up of the remaining vacancy. Located in the South Broadway (“SoBro”) district at the intersection of Little Tokyo, the Theater District, and the Fashion District, the property benefits from a dense surrounding mix of office, residential, hospitality, and entertainment uses, along with strong walkability and convenient access to the broader Downtown core. The offering presents an opportunity to acquire a centrally located parking asset with the ability to increase occupancy and improve parking revenue, while also providing longer term optionality for repositioning or alternative use as market conditions evolve.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broadway Mall

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

C4

APN/PARCEL ID

5149-024-024

ASK ABOUT THIS PROPERTY

Michael Condon Jr.Cushman & WakefieldMore Info
213-629-7379

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Michael Condon Jr.Cushman & WakefieldMore Info
213-629-7379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.