Downtown LA Retail
523-525 S Broadway, Los Angeles, CA 90013
Prime retail asset in the heart of Downtown Los Angeles.
Type:Retail
Property size:
7,300 SFLot size:
0.17 AcresPrice / SF:
$390/SF- Added:
- Feb 6, 2026
- Days on Market:
- 142
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 523-525 S Broadway
General Information
- Standard status
- Active
- Size
- 7,300 SF
- Lot size
- 0.17 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1918
Listing office WESTMAC
Listing date Feb 6, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of WESTMAC
HighLights
- Prime retail asset in the heart of Downtown Los Angeles.
- Two vacant ground‑floor retail units offering immediate occupancy or lease‑up flexibility.
- Located on the vibrant Broadway corridor with exceptional foot traffic.
- High ceilings and updated electrical panels in both units, offering excellent street presence.
- Proximity to LA Live and Crypto.com Arena.
- Convenient access to major freeways (101 and 110).
Overview
Located in Downtown Los Angeles, 523-525 S. Broadway presents an opportunity to acquire a retail asset. The property features approximately 7,300 square feet of building area on a 7,421 square foot lot. The asset consists of two vacant ground-floor retail storefront units, suitable for owner-users and value-add investors. Each unit includes high ceilings, updated electrical panels, and street presence, creating an environment for retail or creative uses. Situated along the Broadway corridor, the property benefits from foot traffic and proximity to LA Live and Crypto.com Arena. The site also offers access to the 101 and 110 freeways, enhancing regional connectivity for tenants and customers. This location is in an urban market.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.8k | $36.96 |
| − Vacancy | −$27.8k | −$3.81 |
| EGI | $242.0k | $33.15 |
| − OpEx | −$72.6k | −$9.95 |
| NOI | $169.4k | $23.21 |
7,300 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.42M
$2.12M – $2.82M
NOI $169,412 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$147.89M
$129.41M – $172.54M
NOI $10,352,553 @ 7.0% cap · market cap 363.25%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.251729
- Latitude
- 34.047507
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Prime retail asset in the heart of Downtown Los Angeles.
Where is this storefront property located?
The property is located at 523-525 S Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Prime retail asset in the heart of Downtown Los Angeles.; Two vacant ground‑floor retail units offering immediate occupancy or lease‑up flexibility.; Located on the vibrant Broadway corridor with exceptional foot traffic.
