735 S Broadway - Apartments FOR SALE


Los Angeles, CA 90014- Financial District
$9,757,000 USD
310-654-0200
735 S Broadway, Los Angeles, CA for Sale
$9,757,000 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

735 S Broadway
Los Angeles, CA 90014
Financial District


HIGHLIGHTS

  • Historic Landmark
  • Retail Hub
  • Lots of natural light
  • Heavy foot traffic
  • Central

OVERVIEW

This prime downtown Los Angeles property offers exceptional visibility and foot traffic, making it an ideal investment with a HIGH CAP RATE. Close to the iconic Apple Tower Theatre, Bossa Nova, John Reed Fitness, Zinque, California Chicken Cafe, Foot Locker, Bottega Louie, Whole Foods, and many more brands. Minutes away from new Erewhon coming. All the Units are completely remodeled A - Z. Beautiful heights and sunlight exposure throughout ! Atrium Balconies for all units floors 2 - 6 allows Natural Light all day from East to West facing ! Medmen is up for renewal and License stays with the Property Owner. Great Owner User Sale Potential

FOR SALE DETAILS

PRICE

$9,757,000 USD

PRICE/SF

$426 USD /SF

# OF UNITS

6

PRICE/UNIT

$1,626,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HIGH CAP RATE DEAL - MEDMEN BUILDING - DTLA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,051 SF

ZONING

LAC5

APN/PARCEL ID

5144-014-031

ASK ABOUT THIS PROPERTY

Brandon CohanBrandon Cohan Real EstateMore Info
310-654-0200

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Brandon CohanBrandon Cohan Real EstateMore Info
310-654-0200

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