5929 S Broadway, Los Angeles, CA 90003
5929 S Broadway, Los Angeles, CA 90003
5929 S Broadway, Los Angeles, CA 90003
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$1,600,000
Est. payment /mo
11 Beds
18 Baths
11,550 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,550 sqft

Price per Sqft $138

MLS Listing ID 26662365

Bedrooms 11

Year Built 1928

Lot Size 4,435 Sqft

Acres 0.1018

Property Sub-Type Multi-Family

Property Description

We are proud to present 5929 S Broadway, an 18-unit mixed-use building, offered at a 6.52 GRM and a 5.97% CAP on actual rents. Offered at a very low price per unit of $88,889 and at $139 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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features None

Building

Lot Description Single Lot

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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