5734 Broadway - Apartments FOR SALE


Los Angeles, CA 90037- Vernon-Main
$1,500,000 USD
310-525-0872
5734 Broadway, Los Angeles, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

5734 Broadway
Los Angeles, CA 90037
Vernon-Main


HIGHLIGHTS

  • Mixed Use
  • Tons of Upside Potential
  • Low Price Per Unit

OVERVIEW

REDUCED! 5734 – 5736 S Broadway 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 apartment units. The second floor offers eight self-contained studio units, each with its own kitchen and bathroom, while the third floor includes seventeen efficiency units with shared restrooms — an efficient, high-yield mix that generates steady income and strong cash-flow potential. Priced at a crazy low price of $51,724 per unit. Seller has vacated 10 units and they're ready for you to add value and get higher/market rents. Restaurant is month-to-month and, if replaced or renegotiated, should bring in at least twice the current rent of $2,450. Once stabilized, this building should be a cash-cow! UNIT MIX IS AS FOLLOWS: 8 STUDIO/1BTH 3 1BDR/1BTH 17 EFCY (studio units on a floor with shared bathrooms) 1 Restaurant - Street Level 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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

29

PRICE/UNIT

$51,724

CAP RATE

Request Cap Rate

% LEASED

64%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

LAC2

APN/PARCEL ID

5101-025-033

ASK ABOUT THIS PROPERTY

Sam ShakerchiShakerchi Real EstateMore Info
310-525-0872

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Sam ShakerchiShakerchi Real EstateMore Info
310-525-0872

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