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639 Broadway Los Angeles Ca Los Angeles, CA 90012

OFF-MARKET Retail properties & Spaces Google Maps
39,337 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail opportunity is located at 639 N. Broadway in Los Angeles, California, within the revitalized Chinatown district. The property boasts a total of 39,337 square feet, offering multiple tenancy options across four available spaces ranging from 860 to 6,665 square feet. Situated in Los Angeles County (zip code 90012), this location benefits from its central position at the crossroads of major LA highways, providing unparalleled accessibility for businesses catering to a diverse clientele. Chinatown's resurgence is driven by its vibrant atmosphere, historic architecture, and affordable housing, attracting new residents and creating a strong demand for retail and restaurant services. The area's convenient proximity to downtown offices further enhances its appeal. This property presents a unique chance to establish a presence in a dynamic and growing neighborhood, capitalizing on the influx of new residents seeking diverse retail and dining experiences. The property's strategic location ensures easy access for customers from various parts of Los Angeles, including Highland Park, South Park, and Hancock Park. This makes it an ideal location for businesses looking to tap into a large and varied customer base in one of Los Angeles's oldest and most culturally rich neighborhoods. The available spaces are perfect for a variety of retail and restaurant concepts.

Property profile

Verified
Property type Retail properties & Spaces
Total area 39,337 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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