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551-553 S Broadway 35,000 SF 100% Leased Retail Building Los Angeles, CA 90013 $4,950,000 ($141.43/SF)
Executive Summary
Trust and Estate Realty is pleased to present 553 S. Broadway. This historical, mixed-use mid-rise office building is an architectural gem, perfectly suited for an investor or owner-user seeking a Downtown Los Angeles headquarters. The property seamlessly blends historic charm with modern functionality.
Located in DTLA’s Historic Core, just steps from the International Jewelry Center, the building benefits from a highly walkable and amenity-rich environment.
With its prime location, this property presents an unparalleled opportunity to establish a flagship presence in Downtown Los Angeles.
Please let us know if you would like to schedule a viewing or receive more information.
Located in DTLA’s Historic Core, just steps from the International Jewelry Center, the building benefits from a highly walkable and amenity-rich environment.
With its prime location, this property presents an unparalleled opportunity to establish a flagship presence in Downtown Los Angeles.
Please let us know if you would like to schedule a viewing or receive more information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
35,000 SF
Building Class
C
Year Built/Renovated
1923/2018
Price
$4,950,000
Price Per SF
$141.43
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Building FAR
7.00
Lot Size
0.11 AC
Zoning
LAC5 - Commercial C2 Uses, Limited Floor Area for Manufacturing of CM Zone Type, R4 Uses
Frontage
40’ on Broadway St
Amenities
- Bus Line
- Metro/Subway
- Restaurant
- Storage Space
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5149-033-012 | Improvements Assessment | $313,534 |
| Land Assessment | $783,853 | Total Assessment | $1,097,387 |
Property Taxes
Parcel Number
5149-033-012
Land Assessment
$783,853
Improvements Assessment
$313,534
Total Assessment
$1,097,387
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551-553 S Broadway