5400 Broadway Los Angeles, CA 90037-4126
- Office buildings
- 2,326 SF
- 0.15 lot acres
Current Use by Public Records
- Mg's Salon / Beauty Salon
- Slauson-Avalon Housing Rehab / City Government Office
- Greenwolf / Cannabis Store
Property Details for 5400 Broadway
- Year built
- 1935
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 2,326 SF
- Zone code
- LAC2
- Property type
- Office buildings
- APN
- 5101-032-030
- APU
- 5101032030
Description
This 2,326 square foot retail property, located at 5400 S Broadway, Los Angeles, CA 90037, is offered at $899,000 ($386.50/sq ft). Currently vacant, this single-story building sits on a 3,525 square foot lot and features 10 parking spaces. The property boasts a prime signalized corner location with 50 feet of frontage on Broadway and 130 feet on 54th Street, offering exceptional visibility. Recently renovated in 2022, the building includes newer windows, electrical system enhancements, and a fully paid-off solar panel system. The C2-1VL-CPIO Tier 2 zoning allows for potential development of up to approximately 28 units. The property is ED1 eligible and benefits from easy access to the 110 freeway and a high Walk Score. Building features include roll-down doors, protected windows, and gated parking. This freestanding building presents a compelling opportunity for owner-users, investors, or developers seeking a high-visibility location with significant redevelopment potential in a vibrant Los Angeles neighborhood. The APN is 5101-032-030.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,045,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,050,000
- 6.5%
- $1,045,000
- 7%
- $985,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $905,000
- Geo Method
- $920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,160,000
- Retail
- $830,000
- Mixed-Use
- $1,050,000
- Hospitality
- $1,090,000
- Educational
- $920,000
- Residential Income
- $995,000
- Energy
- $925,000
- Income-Based Land
- $1,035,000
- Food Service
- $965,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.278
- Latitude
- 33.9932
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA