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519 S Broadway 48,944 SF Vacant Office Building Los Angeles, CA 90013 For Sale
Investment Highlights
- Historic brick construction offering architectural character and enduring appeal.
- Located in Downtown Los Angeles with proximity to major freeways and transit.
- Includes existing permits and plans to support redevelopment or customization.
- ±48,944 SF with creative office layouts and ground-level retail space.
- Positioned along Broadway, a dynamic corridor with retail and cultural landmarks.
- Zoned LAC5, allowing for diverse professional, retail, and creative uses.
Executive Summary
Positioned in the vibrant core of Downtown Los Angeles, 519 S. Broadway offers a rare opportunity to acquire a ±48,944 SF creative office building with ground-floor retail. Constructed of durable brick in 1902, the property blends historical character with flexible functionality. The building sits on a ±7,140 SF parcel and is zoned LAC5, allowing for a range of commercial uses. Existing permits and plans are included in the sale, streamlining future improvements or redevelopment. The location provides excellent visibility and accessibility, surrounded by a rich mix of dining, retail, and cultural destinations that define the Broadway corridor. This asset presents investors and owner-users with a distinctive property in a high-demand submarket experiencing growth and revitalization, making it a strong candidate for long-term value and adaptive reuse.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
48,944 SF
Building Class
C
Year Built/Renovated
1902/2023
Percent Leased
Vacant
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
6,992 SF
Building FAR
6.85
Lot Size
0.16 AC
Zoning
C5, Los Angeles
Amenities
- Controlled Access
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- Basement
- 6,992 SF
- Office/Retail
- -
- Now
- 1st Floor
- 6,992 SF
- Retail
- -
- Now
- 2nd Floor
- 6,992 SF
- Office
- -
- Now
- 3rd Floor
- 6,992 SF
- Office
- -
- Now
- 4th Floor
- 6,992 SF
- Office
- -
- Now
- 5th Floor
- 6,992 SF
- Office
- -
- Now
- 6th Floor
- 6,992 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| Basement | 6,992 SF | Office/Retail | - | Now |
| 1st Floor | 6,992 SF | Retail | - | Now |
| 2nd Floor | 6,992 SF | Office | - | Now |
| 3rd Floor | 6,992 SF | Office | - | Now |
| 4th Floor | 6,992 SF | Office | - | Now |
| 5th Floor | 6,992 SF | Office | - | Now |
| 6th Floor | 6,992 SF | Office | - | Now |
Basement
| Size |
| 6,992 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size |
| 6,992 SF |
| Space Use |
| Retail |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 6,992 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 6,992 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
4th Floor
| Size |
| 6,992 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
5th Floor
| Size |
| 6,992 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
6th Floor
| Size |
| 6,992 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 1
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5149-033-009 | Improvements Assessment | $3,444,983 |
| Land Assessment | $4,921,407 | Total Assessment | $8,366,390 |
Property Taxes
Parcel Number
5149-033-009
Land Assessment
$4,921,407
Improvements Assessment
$3,444,983
Total Assessment
$8,366,390
Contacts
-
Daniel Glazer -
Scott Ostlund -
Jeff Smith -
Lee & Associates Commercial Real Estate Services
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Videos
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Photos
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Street
Map
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519 S Broadway
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