5975 S Broadway - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90003- Vernon-Main
$1,995,000 USD
424-270-4068
5975 S Broadway, Los Angeles, CA for Sale
$1,995,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | 5.96% Cap Rate

5975 S Broadway
Los Angeles, CA 90003
Vernon-Main


OVERVIEW

Prime Mixed-Use Investment Opportunity in South Los Angeles Location: Corner of Broadway & 59th Street, South LA (South Central) Property Type: Mixed-Use – 8 Residential Units + 2 Retail Spaces + Detached SFR Zoning: LAC2 This is a rare opportunity to own a high-potential mixed-use property located on a busy corner in the heart of South Los Angeles. Situated at the intersection of Broadway and 59th Street, this property offers exceptional street visibility and consistent foot traffic — ideal for retail tenants and long-term appreciation. Property Highlights: • 8 Upstairs Apartment Units – All currently tenant-occupied with upside potential in rental income. Minor cosmetic updates could significantly increase market rents. • 2 Ground-Level Retail Spaces – Great street frontage and signage exposure. Perfect for local businesses, with the potential to upgrade and attract higher-paying tenants. • 1 Detached Single-Family Home (Rear of Property) – Private and versatile, ideal as a rental, owner-user unit, or ADU conversion opportunity. • Corner Lot – Enhances visibility and accessibility for retail spaces. • Value-Add Potential – With light renovations, this property offers a strong upside in rent increases across all units. Whether you're a seasoned investor or new to the market, this property is a prime value-add investment with strong current income and even greater future potential. Its mix of residential and commercial units provides a diversified income stream, and the location in a rapidly developing area makes it a strategic long-term hold.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

5.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,793 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

6005-004-013

ASK ABOUT THIS PROPERTY

Jonathan BaradarianLink Investment Group, LLCMore Info
424-270-4068

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

Jonathan BaradarianLink Investment Group, LLCMore Info
424-270-4068

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