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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$2,100,000

Est. payment - /mo

11,568 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,568 sqft

Price per Sqft $181

MLS Listing ID 25613505

HOA Y/N No

Year Built 1925

Lot Size 8,354 Sqft

Property Description

REDUCED! 5734-57376 S Broadway | Los Angeles, CA 90037 | 29-Unit Mixed-Use Building | Major Value-Add Opportunity | Rare opportunity to acquire a three-story, 29-unit mixed-use property located in the rapidly improving South Los Angeles corridor. The ground floor features a built-out restaurant space plus two 1-bed/1-bath apartments. The second floor offers eight self-contained studio units, each with its own kitchen and bathroom, while the third floor includes sixteen single-room units with shared restrooms an efficient, high-yield mix that generates steady income and strong cash-flow potential. In addition, two on-site cell phone towers generating additional income. Priced at a crazy low price of $72,413 per unit. With an estimated 30-50% rental upside through property improvements, re-tenanting, and proper management, this asset presents an exceptional value-add opportunity in one of LA's most active and evolving neighborhoods. Prominently positioned along high-visibility S Broadway, the property offers convenient access to Downtown LA, USC, the 110 Freeway, and major transit lines, making it attractive to both residential tenants and commercial operators.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 9

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5101025033

Special Listing Condition Standard

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Listed by George Morales Compass #01984555

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5734 S Broadway Los Angeles, CA 90037