731 S Broadway - Storefront Retail/Office FOR SALE


Los Angeles, CA 90014- Financial District
$5,000,000 USD
213-747-4151
731 S Broadway, Los Angeles, CA for Sale
$5,000,000 USD
Storefront Retail/Office - FOR SALE
1/26
null | Request Cap Rate

NEW


731 S Broadway
Los Angeles, CA 90014
Financial District


HIGHLIGHTS

  • Completely Renovated in 2018/2019
  • Current Actual $16,293 Gross Monthly Income
  • Basement, Ground Floor, Half of 4th Floor & Rooftop Vacant
  • Close to Level Hotel, Clifton's Republic, Shake Shack, Urban Outfitters
  • Close to Crypto.com Arena and LA LIVE

OVERVIEW

Fantastic owner/user or investor purchase opportunity. DTLA Historic Core location between 7th and 8th Streets. Next door to Ross Dress for Less. Nearby amenities include Level Hotel, Clifton’s Republic, Shake Shack, and Urban Outfitters. Whole Foods, Bottega Louie, and Pershing Square are a short walk away. Surrounded by thousands of residential units. Over $2.5M in upgrades include new electric, plumbing, and separate HVAC to each floor; private restrooms on each floor; and private elevator access. The building is sprinklered throughout. Current actual $16,293 gross monthly income (basement, ground floor, half of 4th floor & rooftop vacant).

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$217 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DTLA Historic Core | Owner/User or Investor

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

[DM4-CHC1-5] [CX4-FA]

APN/PARCEL ID

5144-014-032

ASK ABOUT THIS PROPERTY

Anthony BeharMajor PropertiesMore Info
213-747-4151

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Anthony BeharMajor PropertiesMore Info
213-747-4151

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