5314 Broadway Los Angeles, CA 90037

This mixed-use property at 5314 S Broadway, Los Angeles, CA 90037, presents a compelling value-add opportunity. The 7,500 square foot building, situated on a 5,617 square foot lot, comprises two ground-level retail storefronts and two residential units on the second floor. A detached rear structure provides additional storage or parking. Currently operating at 100% occupancy across four units, this Class C property offers significant upside potential. The asking price is $1,195,000, translating to $159.33 per square foot. Built in 1923, the two-story building is zoned LAC2 and features excellent visibility on S. Broadway. The property's location in a vibrant, diverse Los Angeles neighborhood offers strong demographics, with significant daily traffic volume. This owner-user opportunity is well-suited for leveraging SBA financing, requiring as little as a 10% down payment. An owner-user could occupy 51% of the premises while leasing the remainder for supplemental income. The property's pro forma cap rate is projected at 7.13%. Note: Building square footage per title is 5,869 square feet. Buyer to verify all information.