Three-Story Mixed-Use Apartment
For Sale
$2,195,000
5734 S Broadway, Los Angeles, CA 90037
MULTI_FAMILY - Los Angeles, CA
Property Size11,568 SF
Lot Size0.19 Acres
Price / SF$189.75
Days on Market289
Property Features for 5734 S Broadway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAC2
Bedrooms
3
Bathrooms
13
Full bathrooms
3
Rooms
Bathroom 8, Bedroom 2, Bathroom 10, Bathroom 11, Bathroom 7, Bathroom 5, Bathroom 6, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 9, Bathroom 12, Bathroom 13, Bathroom 4, Bedroom 3, Bedroom 1
Parking
9
Parking features
Assigned
Directions
I-110 S, Take exit 19A toward 51st St, Merge on Flower.
Subdivision
Downtown L.A.
Standard status
Active
APN
5101-025-033
Size
11,568 SF
Lot size
0.19 Acres
Building Details
Year built
1925
Floors in Building
3
Number of units
29
Architectural style
Art Deco
Listing Agency:
Compass
(310) 230-5478
Listed By:
George Morales · License #01984555
(323) 578-8423
Added: Oct 31, 2025
Changed: Aug 13
Last Checked: Aug 15 at 11:06PM
MLS# 25613505
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story apartment property at 5734 S Broadway combines residential units with a street-facing restaurant space and a rooftop cell tower. The building contains 11,568 square feet on a 0.1918-acre parcel, was constructed in 1925, and features an Art Deco architectural style. Assigned parking is provided, and the property is zoned LAC2.
The site is located in Los Angeles, with access to Downtown LA, USC, the 110 Freeway, and major transit lines. The restaurant operates on a month-to-month basis, while 13 residential units have been vacated and are ready for improvements or re-tenanting. The property’s mixed-use configuration supports both apartment and commercial occupancy within the same building.
The site is located in Los Angeles, with access to Downtown LA, USC, the 110 Freeway, and major transit lines. The restaurant operates on a month-to-month basis, while 13 residential units have been vacated and are ready for improvements or re-tenanting. The property’s mixed-use configuration supports both apartment and commercial occupancy within the same building.
Key Highlights
- 11,568‑square‑foot, three‑story apartment property on a 0.1918‑acre parcel
- Mixed‑use configuration with residential units and a street‑level restaurant
- Rooftop cell tower
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$171,783
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,435,660
$3.4M
Cap Rate 7%
$2,454,043
$2.5M
Cap Rate 9%
$1,908,700
$1.9M
Market Conditions
NOI Build-Up for 11,568 SF
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.
Gross rent
$314.5K $27.19/SF
− Vacancy
−$2.2K −$0.19/SF
EGI
$312.3K $27.00/SF
− OpEx
−$140.5K −$12.15/SF
NOI
$171.8K $14.85/SF
Area
ZIP 90037
Vacancy
0.70%
Lease Rate
$27.19 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,435,660
Cap Rate 7%
$2,454,043
Cap Rate 9%
$1,908,700
Alternative Uses
Best Use
Specialty Retail
$4.32M
$3.78M – $5.05M
NOI $302,725 @ 7.0% cap · market cap 13.79%
Second Best
Mixed Use
$3.35M
$2.93M – $3.90M
NOI $234,252 @ 7.0% cap · market cap 10.67%
Theoretical Best
Office A
$4.53M
$3.97M – $5.29M
NOI $317,293 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
28
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,615
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Art Deco property with a street-level restaurant, rooftop cell tower, and assigned parking.
Where is this apartment building located?
The property is located at 5734 S Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: 11,568‑square‑foot, three‑story apartment property on a 0.1918‑acre parcel; Mixed‑use configuration with residential units and a street‑level restaurant; Rooftop cell tower
