5314 S Broadway - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90037- Vernon-Main
$990,000 USD
415-378-5464
5314 S Broadway, Los Angeles, CA for Sale
$990,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | 12.7% Cap Rate

5314 S Broadway
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • Two vacant retail units approx. 2,000 Sq.Ft. (Unit 5314 is built-out as a restaurant), Two 5 bed, 1 Bath residential units approx. 1,750 Sq.Ft
  • Estimated 12.7% pro forma cap rate based on market rents after renovation and stabilization.
  • Offered at only ±$132/SF, well below replacement cost and comparable South LA sales.
  • Two highly visible storefronts fronting South Broadway, ideal for neighborhood-serving or regional tenants.
  • Approximately 7,500 square feet of improvements on a 5,617 square-foot lot (per title)
  • Excellent ADU conversion potential or use for storage/parking, subject to city approval.

OVERVIEW

Maher Commercial Realty is proud to present 5314 S. Broadway, the property features two vacant ground-floor retail storefronts at approximately 2,000 Sq.Ft.* each (one is built-out for a restaurant), two 5 Bed/1 Bath residential units on the second floor at approximately 1,750 Sq.Ft.* each, and a detached rear garage that may be suitable for ADU conversion or additional income space, subject to city approval. The site offers approximately 7,500 square feet* of improvements on a 5,617 square-foot lot (per title). The two upstairs residential units are 5 bedroom, 1 bathroom each. All unit sizes and layouts are approximate and provided for reference purposes only. Buyer is responsible for completing their own due diligence and verifying all information. The units are currently occupied by unauthorized squatters living illegally, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset. At an asking price of $990,000, the property is offered at an exceptionally low ±$132 per square foot of building area, which is well below replacement cost and recent comparable sales. Based on projected market rents following renovation and lease-up, the property is expected to yield an estimated pro forma cap rate of approximately 12.7%. Situated along South Broadway, one of South Los Angeles’ most active commercial corridors, the property benefits from high visibility, consistent traffic, and proximity to key employment and education centers. It’s just minutes from the 110 Freeway, 1.5 miles from Exposition Park, and 2.5 miles from USC, offering convenient access to major Los Angeles destinations. This property represents a compelling repositioning opportunity ideal for investors seeking strong returns or for owner-users looking to establish a business while benefiting from long-term appreciation in a rapidly improving submarket.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

12.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,617 SF

ZONING

LAC2

APN/PARCEL ID

5101-033-016

ASK ABOUT THIS PROPERTY

Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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