5436 S Broadway - Storefront FOR SALE


Los Angeles, CA 90037- Vernon-Main
$1,195,000 USD
310-710-5626
5436 S Broadway, Los Angeles, CA for Sale
$1,195,000 USD
Storefront - FOR SALE
1/20
null | Request Cap Rate

NEW


5436 S Broadway
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • TWO BUILDINGS TOTALING 2,624 SF ON G,021 SF C2 ZONED CORNER LOT.
  • ON A COMMERCIAL THOROUGHFARE IN SOUTH LOS ANGELES.
  • RTI FOR A 35-UNIT APARTMENT BUILDING!!!
  • PERFECT FOR AN OWNER/OCCUPANT, INVESTOR, OR A DEVELOPER.
  • ONE BLOCK EAST OF THE 110 FREEWAY & APPROX. 2 MILES SOUTH OF USC.
  • EXCELLENT DEMOGRAPHICS; OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

OVERVIEW

5436 S. Broadway is a corner lot property located along the S. Broadway commercial corridor in South Los Angeles. The site consists of two existing buildings totaling approximately 2,624 square feet on a 6,021 square foot C2-zoned parcel, providing flexibility for retail, residential, or redevelopment opportunities. The property sits on a well-traveled commercial thoroughfare that serves the surrounding residential neighborhoods and connects directly to key areas throughout Los Angeles. The location is approximately one block east of the 110 Freeway, providing convenient access to Downtown Los Angeles and other major employment centers. The surrounding area is densely populated, with strong demand for both housing and neighborhood-serving retail. The property is positioned roughly two miles south of the University of Southern California (USC) and within commuting distance of Downtown Los Angeles, Vernon, Commerce, and Huntington Park. The corridor also benefits from multiple Metro bus routes running along S. Broadway, providing direct transit connections throughout the city. In addition to the existing mixed-use improvements, the site is RTI for a 35-unit apartment development, consisting of 34 income-restricted units and one manager unit. The approved plans call for a four-story residential building totaling approximately 16,358 square feet, with an efficient unit mix of 10 singles (255–315 SF) and 25 one-bedroom units (300–430 SF).

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MIXED-USE PROPERTY WITH RTI DEVELOPMENT OPPTY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,021 SF

ZONING

LAC2

APN/PARCEL ID

5101-032-003

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

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