5314 S Broadway, Los Angeles, CA 90037
- 7,500 sqft
Commercial Property
Built in 1923
5,663sqft lot
—— car garage
$140/sqft
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
- Zoning: LAC25101033016
This listing courtesy of Oron Maher, Maher Commercial Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Main Street Elementary School
129 E 53rd St, Los Angeles, CA, 90011
Grades KG-5
0.29 miles away
Los Angeles Academy Middle School
644 E 56th St, Los Angeles, CA, 90011
Grades 6-8
0.81 miles away
Maya Angelou Community High School
300 E 53rd St, Los Angeles, CA, 90011
Grades 9-12
0.62 miles away

