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Property profile & analytics

2700 Broadway Los Angeles, CA 90031-2610

  • Retail space
  • 10,660 SF
  • 0.24 lot acres
OFF-MARKET
Last Sale
Sep 26, 2024
$2,950,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-7415041
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Well Being Acupuncture / Acupuncture Clinic

Property Details for 2700 Broadway

Year built
1947
Construction
TILT-UP CONCRETE
Lot size
0.24 lot acres
Property size
10,660 SF
Zone code
LAC4
Property type
Retail space
APN
5204-016-004
APU
5204016004

Description

This exceptional ±22,000 square-foot property in Los Angeles' Lincoln Heights submarket presents a unique redevelopment opportunity. Located at the signalized corner of N Broadway and Workman Street, this three-story building offers significant visibility and accessibility, with direct access to Interstate 5 and daily traffic exceeding ±36,000 vehicles. The property boasts 10,660 square feet of ground floor space with 18.5-foot ceilings, a 10,660 square-foot basement, and a 6,500 square-foot mezzanine. Its distinctive bow truss and brick construction, along with upgraded flooring, lighting, and paint, create an appealing canvas for various retail or mixed-use developments. Zoned LA C4, this vacant building is ideal for a multitude of uses, including fitness, restaurants, medical offices, event venues, and various retail and service-based businesses. The location offers a walk score of 93, convenient public transportation, and over 200 public parking spaces within a block. Situated within an Opportunity Zone and State Enterprise Zone with a Tier 3 TOC designation, this property is perfectly positioned to capitalize on Lincoln Heights' growth trajectory. The lot size is 10,640 square feet, and the property includes one loading dock. The address is 2700 N Broadway, Los Angeles, CA 90031, APN 5204-016-004. Buyer to verify all information.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.214
Latitude
34.0733
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$60,199
$1,749,832
$2,734,114
$4,483,946
-
$0.00
$0.00
$0.00
More about this property
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