5975 S Broadway 5,666 SF 100% Leased Retail Building Los Angeles, CA 90003 $1,995,000 ($352.10/SF) 5.96% Cap Rate

Prime Mixed-Use Investment Opportunity in South Los Angeles
Location: Corner of Broadway & 59th Street, South LA (South Central)
Property Type: Mixed-Use – 8 Residential Units + 2 Retail Spaces + Detached SFR
Zoning: LAC2
This is a rare opportunity to own a high-potential mixed-use property located on a busy corner in the heart of South Los Angeles. Situated at the intersection of Broadway and 59th Street, this property offers exceptional street visibility and consistent foot traffic — ideal for retail tenants and long-term appreciation.
Property Highlights:
• 8 Upstairs Apartment Units – All currently tenant-occupied with upside potential in rental income. Minor cosmetic updates could significantly increase market rents.
• 2 Ground-Level Retail Spaces – Great street frontage and signage exposure. Perfect for local businesses, with the potential to upgrade and attract higher-paying tenants.
• 1 Detached Single-Family Home (Rear of Property) – Private and versatile, ideal as a rental, owner-user unit, or ADU conversion opportunity.
• Corner Lot – Enhances visibility and accessibility for retail spaces.
• Value-Add Potential – With light renovations, this property offers a strong upside in rent increases across all units.
Whether you're a seasoned investor or new to the market, this property is a prime value-add investment with strong current income and even greater future potential. Its mix of residential and commercial units provides a diversified income stream, and the location in a rapidly developing area makes it a strategic long-term hold.