Los Angeles, CA 90037 5314 S Broadway

5314 S Broadway Los Angeles, Ca - Image 15314 S Broadway Los Angeles, Ca - Image 25314 S Broadway Los Angeles, Ca - Image 3
Presented By: Daniel Hirth with KW Advisors;
  • MLS# 24385579
  • 04/29/2024
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  • FootageSQFT • 7,500

Home Details

The subject property is a mixed-use retail and residential building sitting at 7,500 SF on an estimated 5,617 SF lot. 5314 S Broadway currently consists of two (2) ground level retail storefronts and two (2) residential units located on the second floor. Additionally, in the rear of the building sits a detached structure that is used for storage/parking. With 75% of the building currently vacant, this presents an excellent opportunity for investors seeking over a 7% pro forma cap rate. Immediate market rents can be attained for both the retail and residential units. Furthermore, this offering is well-suited for owner-users interested in leveraging SBA financing, requiring as little as a 10% down! An owner-user has the option to occupy 51% of the premises while leasing out the remaining space for supplemental income.*Per title, building square footage is 5,869. Buyer to perform own due diligence and verify all information.
Presented By: Daniel Hirth with KW Advisors;

Interior Features for 5314 S Broadway

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

Other Rooms

Entry Level1

General for 5314 S Broadway

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market
DirectionsS. Broadway and W. 53rd Street
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5617.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBroadway
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built1923
ZoningLAC2

Exterior for 5314 S Broadway

Building Area Total7500.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions43x130
Lot Size Acres0.1289
Lot Size Area5617.0
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Total Parking0.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,195,000
MLS#24385579
List Date 04/29/2024
Property Type Commercial
Phone 714.964.3311
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