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Corinne Allemand
Mobile Phone:
310-927-3684
allemand.co@gmail.com
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Corinne Allemand
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Mobile Phone:
310-927-3684
allemand.co@
gmail.com
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Buyer Info
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Seller Info
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FOR SALE
$1,195,000

5314 S Broadway
Los Angeles, CA 90037

Mixed Use
Commercial
7,500
Sq. Ft.
0.1289
Acre Lot
Courtesy: Daniel Hirth - KW Advisors
Home> California> Los Angeles> 90037
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.
24385579
Mixed Use, 2 Story
Los Angeles
1923
0.1289 Acres
2
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Daniel Hirth - KW Advisors
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