5734 Broadway 26 Unit Apartment Building $2,450,000 ($94,231/Unit) Los Angeles, CA 90037

***An Updated OM with Rent Roll and Numbers will be available by Monday January 19.
5734–5737 S Broadway | Los Angeles, CA 90037
29-Unit Mixed-Use Building | Major Value-Add Opportunity
Rare opportunity to acquire a three-story, 29-unit mixed-use property located in the rapidly improving South Los Angeles corridor. The ground floor features a built-out restaurant space plus two 1-bed/1-bath apartments. The second floor offers eight self-contained studio units, each with its own kitchen and bathroom, while the third floor includes sixteen single-room units with shared restrooms — an efficient, high-yield mix that generates steady income and strong cash-flow potential. In addition, two on-site cell phone towers generating additional income. Priced at a crazy low price of $84,482 per unit.
With an estimated 30–50% rental upside through property improvements, re-tenanting, and proper management, this asset presents an exceptional value-add opportunity in one of LA’s most active and evolving neighborhoods. Prominently positioned along high-visibility S Broadway, the property offers convenient access to Downtown LA, USC, the 110 Freeway, and major transit lines, making it attractive to both residential tenants and commercial operators.