5917 BroadwayLos Angeles, CA 90003

  • Retail properties
  • 0.13 AC
For Lease
$12/SF/YR View listing

Property Details for 5917 Broadway

Year built
1970
Construction
WOOD
Lot size
0.13 AC
Zone code
LAC2
Property type
Retail properties
Property subtype
Parking lots & garages
APN
6005-006-014
APU
6005006014

Description

This exceptional 2,000-square-foot industrial property, located at 5917 S. Broadway in Los Angeles, CA 90003, presents a fantastic opportunity for businesses seeking versatile space. The single-story building boasts a 12-foot ceiling height, providing ample room for various operations. The property is classified as Class C and is zoned M1, allowing for a range of manufacturing, flex, warehouse, and distribution uses. The entire 2,000 square feet is currently vacant and available for immediate occupancy. The space features 110 and 220-volt power, making it suitable for a variety of equipment. Multiple tenants are permitted. This property is ideal for businesses needing a flexible and functional space in a prime Los Angeles location. Its convenient location offers easy access to major transportation routes, streamlining logistics and distribution. The property's size makes it perfect for smaller businesses or those seeking efficient, cost-effective operations. Don't miss this chance to secure this versatile industrial space in a thriving Los Angeles market. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,364,268
    6.5%
    $2,182,402
    7%
    $2,026,516
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,660,057
    Geo Method
    $2,660,057
  • Alternative Use

    Use
    Valuation
    Residential
    $1,840,937
    Hospitality
    $1,686,289
    Educational
    $1,402,972
    Medical
    $1,451,223
    Retail
    $2,182,402
5917 Broadway, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9865
Longitude
-118.279
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
$3,538
$265,110
-
$265,110
-
-
-
-

FAQs

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