Log In/Sign Up
Your email has been sent.
Mixed Use Owner/User Opportunity 4917 S Broadway 11 Unit Apartment Building $1,600,000 ($145,455/Unit) 6.57% Cap Rate Los Angeles, CA 90037
Investment Highlights
- Owner User/Development Opportunity on Corner Lot
- Development Potential: 13,740 SF of Land on Zoned C2 on a Corner Lot
- Flexible Tenancy: Retail tenants on Month-to-Month Leases
- Quadruplex and 7 Retail Spaces
- Owner-User Ready: Two Residential Units Delivered Vacant and Rent Ready
- Income While You Plan: Maintain Cash Flow During Entitlement or Redevelopment
Executive Summary
Jonathan Prakash of Equity Union Commercial is pleased to present a Mixed-Use portfolio opportunity spanning 309 W 50th Street, 4719-4723 S Broadway Street, and 4925-4929 Broadway Street. This offering includes a 3,596 SF quadruplex with four 1-bedroom/1-bath units, a 3,284 SF retail building with three storefronts, as well as a 3,186 SF retail building with four storefronts. Two units in the quadruplex will be delivered vacant and rent-ready, creating an ideal opportunity for owner-users seeking on-site living and/or the ability to operate out of the retail spaces. All retail occupants are on month-to-month leases, providing exceptional flexibility for investors looking to reposition or re-tenant. This sale also includes the APN # 5110-021-012.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$165,420
|
$46.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,963
|
$1.38
|
| Effective Gross Income |
$160,457
|
$44.62
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$55,385
|
$15.40
|
| Net Operating Income |
$105,072
|
$29.22
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $165,420 |
| Annual Per SF | $46.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,963 |
| Annual Per SF | $1.38 |
| Effective Gross Income | |
|---|---|
| Annual | $160,457 |
| Annual Per SF | $44.62 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $55,385 |
| Annual Per SF | $15.40 |
| Net Operating Income | |
|---|---|
| Annual | $105,072 |
| Annual Per SF | $29.22 |
Property Facts
| Price | $1,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $145,455 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.57% | Building Size | 3,596 SF |
| Gross Rent Multiplier | 9.67 | Average Occupancy | 18% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 0.6/1,000 SF |
| Zoning | C2 - Commercial | ||
| Price | $1,600,000 |
| Price Per Unit | $145,455 |
| Sale Type | Investment |
| Cap Rate | 6.57% |
| Gross Rent Multiplier | 9.67 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,596 SF |
| Average Occupancy | 18% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | C2 - Commercial |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5110-021-013 | Improvements Assessment | $95,769 |
| Land Assessment | $65,288 | Total Assessment | $161,057 |
Property Taxes
Parcel Number
5110-021-013
Land Assessment
$65,288
Improvements Assessment
$95,769
Total Assessment
$161,057
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Mixed Use Owner/User Opportunity | 4917 S Broadway
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.