We are proud to present 5929 S Broadway, an 18-unit mixed-use building, offered at a 6.11 GRM and a 6.45% CAP on actual rents. Offered at a very low price per unit of $83,333 and at $130 per square foot on the building, this mixed-use property consists of a single, three-story brick building totaling 11,550 rentable square feet. Built in 1928, the property is situated on an 4,436 square foot LAC2 zoned corner lot with street access on two sides plus alley access.The unit mix features (2) two-bedroom one-bathroom units, seven (7) one-bedroom one-bathroom units, (7) seven Studios and two (2) ground level commercial units. THREE UNITS will be delivered VACANT which consist of a one-bedroom unit, a two-bedroom unit and a commercial unit. Located on the corner of W 59th Pl and Broadway, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles and neighboring communities such as Crenshaw, Inglewood, Lennox, Gardena, Huntington Park and South Gate. Contact the listing broker for additional information.
| MLS # | 26662365 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1928 |
| Days On Site | 191 |
| Listing Provided By | Kidder Mathews of California, Inc. | Casey Lins |
| Bed(s) | 11 |
|---|---|
| Bath(s) | 18 |
| SQ Feet | 11,550 |
| Story(s) | 3 |
| Units | 18 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.10 |
| Parking Features | None |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90003) | |
Price: $1,500,000 low | high Med: $699,444 sqft: 11,550 low | high Med: 1,454 $ / sqft: $130 low | high Med: $494 On site: 191 low | high Med: 95 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90003) | |
Price: $1,500,000 low | high Med: $699,444 sqft: 11,550 low | high Med: 1,454 $ / sqft: $130 low | high Med: $494 On site: 191 low | high Med: 95 | |