18-Unit Mixed-Use
For Sale
$1,500,000
Pending
5929 S Broadway, Los Angeles, CA 90003
Three-story brick property combines residential units with ground-level commercial space.
Property Size11,550 SF
Lot Size0.10 Acres
Days on Market223
Property Features for 5929 S Broadway
General Information
Standard status
Pending
Size
11,550 SF
Net Rentable
11,550 SF
Lot size
0.10 Acres
Property subtype
MULTI_FAMILY
Zoning
LAC2
Financials
Cap Rate
6.45%
Gross Rent Multiplier
6.11
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 7 x 1BR/1BA, 7 x Studio
Multifamily Units
16
Building Details
Building Size
11,550 SF
Year Built
1928
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Kidder Mathews of California, Inc.
Listed By:
Casey Lins · License #01902650
(213) 225-7223
Source:
Milsteinestates
Added: Mar 10
Changed: Oct 7
Last Checked: Oct 16 at 5:50PM
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 Kidder Mathews of California, Inc.
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Investment Insights
Based on property information with market context.
This 18-unit mixed-use property occupies a three-story brick building with 11,550 rentable square feet. The unit mix includes two 2-bedroom, 1-bathroom residences, seven 1-bedroom, 1-bathroom residences, seven studios, and two ground-level commercial units. Three units—a 1-bedroom residence, a 2-bedroom residence, and one commercial unit—are scheduled for vacant delivery. Constructed in 1928, the building sits on a 4,436-square-foot corner parcel with LAC2 zoning, access from two streets, and alley access.
The property is positioned at W 59th Pl and Broadway, with proximity to the 110 Freeway and multiple Metro stations. Downtown Los Angeles and surrounding communities including Crenshaw, Inglewood, Lennox, Gardena, Huntington Park, and South Gate are accessible from the site. Actual rents reflect a 6.11 GRM and a 6.45% CAP.
The property is positioned at W 59th Pl and Broadway, with proximity to the 110 Freeway and multiple Metro stations. Downtown Los Angeles and surrounding communities including Crenshaw, Inglewood, Lennox, Gardena, Huntington Park, and South Gate are accessible from the site. Actual rents reflect a 6.11 GRM and a 6.45% CAP.
Key Highlights
- 18‑unit mixed‑use building with 11,550 rentable square feet
- Unit mix includes 2 two‑bedroom units, 7 one‑bedroom units, 7 studios, and 2 commercial units
- Three units delivered vacant: 1 one‑bedroom, 1 two‑bedroom, and 1 commercial unit
Property Analytics
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Current Use
Lease Details
16
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,516
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story brick property combines residential units with ground-level commercial space.
Where is this mixed-use property located?
The property is located at 5929 S Broadway Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 18‑unit mixed‑use building with 11,550 rentable square feet; Unit mix includes 2 two‑bedroom units, 7 one‑bedroom units, 7 studios, and 2 commercial units; Three units delivered vacant: 1 one‑bedroom, 1 two‑bedroom, and 1 commercial unit
