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2700 Broadway Los Angeles, CA 90031-2610

OFF-MARKET Retail space Google Maps
10,660 SF 0.24 ac lot Built 1947
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$2.26M
Range $2.03M – $2.49M (±10%)
Property ID US09-7415041

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Construction TILT-UP CONCRETE
Total area 10,660 SF
Lot 0.24 ac (10,640 SF)
Zoning code LAC4
APN 5204-016-004
UPID US09-7415041

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
  • Medical Clinic Alternative Medicine Practice

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.26M

Owner & transaction history

since 2024
Last sale
$3.0M
6 recorded transactions
2026
Price N/A
2024
$3.0M
2019
Price N/A
2018
$4.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LAC4 · Los Angeles, CA

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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