$1,050,000

5314 S Broadway, Los Angeles, CA 90037

  • 7,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $140/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are proud to present proud to present 5314 S. Broadway, the property features two vacant ground-floor retail storefronts (Unit 5314 is built-out for a restaurant), two 5 Bed/1 Bath residential units on the second floor, and a detached rear garage that may be suitable for ADU conversion or additional income space, subject to city approval. The site offers approximately 7,500 square feet of improvements on a 5,617 square-foot lot (per title). The two upstairs residential units are 5 bedroom, 1 bathroom each. The units are currently occupied by unauthorized squatters living illegally, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset. At an asking price of $1,050,000, the property is offered at an exceptionally low $140 per square foot of building area, which is well below replacement cost and recent comparable sales. Based on projected market rents following renovation and lease-up, the property is expected to yield an estimated pro forma cap rate of approximately 12%. Situated along South Broadway, one of South Los Angeles' most active commercial corridors, the property benefits from high visibility, consistent traffic, and proximity to key employment and education centers. It's just minutes from the 110 Free

Listing Status:
Active
Date Added:
October 13, 2025 at 05:00AM
Listing Office:
Maher Commercial Realty : 310-464-1453
Listing Agent:
Oron Maher : 310-464-1453
MLS ID:
CL25605187
  • County: Los Angeles
  • Zoning: LAC25101033016

This listing courtesy of Oron Maher, Maher Commercial Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Main Street Elementary School

129 E 53rd St, Los Angeles, CA, 90011

Grades KG-5

0.29 miles away

L

Los Angeles Academy Middle School

644 E 56th St, Los Angeles, CA, 90011

Grades 6-8

0.81 miles away

M

Maya Angelou Community High School

300 E 53rd St, Los Angeles, CA, 90011

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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