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5312 S Broadway
Los Angeles, CA 90037
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Two 5 bedroom, 1 bathroom residential units upstairs that are approximately 1,750 Sq.Ft. each
- Offered at only ±$132/SF, well below replacement cost and comparable South LA sales
- Approximately 7,500 SF of improvements on a 5,617 SF lot
- Two vacant retail units are approximately 2,000 Sq.Ft. each , one built-out as a restaurant
- Estimated 12.7% pro forma cap rate based on market rents after renovation and stabilization
- Excellent ADU conversion potential or use for storage/parking, subject to city approval
EXECUTIVE SUMMARY
Maher Commercial Realty is proud to present 5314 S. Broadway, the property features two vacant ground-floor retail storefronts at approximately 2,000 Sq.Ft.* each (one is built-out for a restaurant), two 5 Bed/1 Bath residential units on the second floor at approximately 1,750 Sq.Ft.* each, and a detached rear garage that may be suitable for ADU conversion or additional income space, subject to city approval. The site offers approximately 7,500 square feet* of improvements on a 5,617 square-foot lot (per title).
The two upstairs residential units with 5 bedroom, 1 bathroom each. All unit sizes and layouts are approximate and provided for reference purposes only. Buyer is responsible for completing their own due diligence and verifying all information. The units are currently occupied by unauthorized squatters living illegally, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset.
At an asking price of $990,000, the property is offered at an exceptionally low ±$132 per square foot of building area, which is well below replacement cost and recent comparable sales. Based on projected market rents following renovation and lease-up, the property is expected to yield an estimated pro forma cap rate of approximately 12.7%.
Situated along South Broadway, one of South Los Angeles’ most active commercial corridors, the property benefits from high visibility, consistent traffic, and proximity to key employment and education centers. It’s just minutes from the 110 Freeway, 1.5 miles from Exposition Park, and 2.5 miles from USC, offering convenient access to major Los Angeles destinations.
This property represents a compelling repositioning opportunity ideal for investors seeking strong returns or for owner-users looking to establish a business while benefiting from long-term appreciation in a rapidly improving submarket.
The two upstairs residential units with 5 bedroom, 1 bathroom each. All unit sizes and layouts are approximate and provided for reference purposes only. Buyer is responsible for completing their own due diligence and verifying all information. The units are currently occupied by unauthorized squatters living illegally, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset.
At an asking price of $990,000, the property is offered at an exceptionally low ±$132 per square foot of building area, which is well below replacement cost and recent comparable sales. Based on projected market rents following renovation and lease-up, the property is expected to yield an estimated pro forma cap rate of approximately 12.7%.
Situated along South Broadway, one of South Los Angeles’ most active commercial corridors, the property benefits from high visibility, consistent traffic, and proximity to key employment and education centers. It’s just minutes from the 110 Freeway, 1.5 miles from Exposition Park, and 2.5 miles from USC, offering convenient access to major Los Angeles destinations.
This property represents a compelling repositioning opportunity ideal for investors seeking strong returns or for owner-users looking to establish a business while benefiting from long-term appreciation in a rapidly improving submarket.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,500 SF
Building Class
C
Year Built
1923
Price
$990,000
Price Per SF
$132
Cap Rate
12.70%
NOI
$125,730
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.34
Lot Size
0.13 AC
Zoning
LAC2
PROPERTY TAXES
| Parcel Number | 5101-033-016 | Improvements Assessment | $324,729 |
| Land Assessment | $378,850 | Total Assessment | $703,579 |
PROPERTY TAXES
Parcel Number
5101-033-016
Land Assessment
$378,850
Improvements Assessment
$324,729
Total Assessment
$703,579
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