310-740-7283
737 S Broadway, Los Angeles, CA for Sale
Loft/Creative Space - FOR SALE
1/56
null | Request Cap Rate

737 S Broadway
Los Angeles, CA 90014
Financial District


HIGHLIGHTS

  • Bankruptcy Sale | Sold to the Highest Bidder
  • Excellent location in the heart of Downtown Los Angeles
  • Extensively renovated asset with new plumbing, fire systems
  • Approximately 60 feet of frontage along Broadway
  • Affordable housing conversion opportunity
  • Ideal for an owner-user opportunity to occupy a portion of or the entire property

OVERVIEW

BANKRUPTCY SALE: SOLD TO THE HIGHEST BIDDER Kidder Mathews is pleased to present the exclusive listing of 737 S Broadway. The offering is comprised of an 8-story office property located in Downtown Los Angeles. The building has undergone extensive improvements and will be delivered turnkey to the new ownership. The building’s office floors have been reconfigured with open layouts, improving functionality and creating modern, friendly workspaces while still maintaining the building’s historic character. The structure totals 75,160 in gross square footage, including the basement floor (7,254 SF) and mezzanine space (831 SF) on the ground floor. This would be a tremendous catalyst and anchor in stabilizing the asset. The building sits on a 10,127 square foot lot with C5 zoning. The building falls within a Tier 3 TOC, Los Angeles State Enterprise Zone, and Downtown LA’s Adaptive Reuse Incentive Area. With the city’s redevelopment incentives, the property’s flexible layout, and turnkey delivery, the asset makes for an attractive conversion project for affordable housing.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bankruptcy Sale | Sold to the Highest Bidder

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

B

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C5, Los Angeles

APN/PARCEL ID

5144-014-030

ASK ABOUT THIS PROPERTY

Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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