Log In/Sign Up
Your email has been sent.
HIGH CAP RATE DEAL - MEDMEN BUILDING - DTLA 735 S Broadway 6 Unit Apartment Building $9,757,000 ($1,626,167/Unit) Los Angeles, CA 90014
Investment Highlights
- Historic Landmark
- Lots of natural light
- Central
- Retail Hub
- Heavy foot traffic
Executive Summary
This prime downtown Los Angeles property offers exceptional visibility and foot traffic, making it an ideal investment with a HIGH CAP RATE. Close to the iconic Apple Tower Theatre, Bossa Nova, John Reed Fitness, Zinque, California Chicken Cafe, Foot Locker, Bottega Louie, Whole Foods, and many more brands. Minutes away from new Erewhon coming.
All the Units are completely remodeled A - Z. Beautiful heights and sunlight exposure throughout ! Atrium Balconies for all units floors 2 - 6 allows Natural Light all day from East to West facing !
Medmen is up for renewal and License stays with the Property Owner.
Great Owner User Sale Potential
All the Units are completely remodeled A - Z. Beautiful heights and sunlight exposure throughout ! Atrium Balconies for all units floors 2 - 6 allows Natural Light all day from East to West facing !
Medmen is up for renewal and License stays with the Property Owner.
Great Owner User Sale Potential
Property Facts
| Price | $9,757,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $1,626,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 6 | Building Size | 22,890 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2016 |
| Zoning | LAC5 - Commercial | ||
| Price | $9,757,000 |
| Price Per Unit | $1,626,167 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 22,890 SF |
| No. Stories | 4 |
| Year Built | 2016 |
| Zoning | LAC5 - Commercial |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- 24 Hour Access
- On-Site Retail
1 1
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 5144-014-031 | Improvements Assessment | $2,743,848 |
| Land Assessment | $796,886 | Total Assessment | $3,540,734 |
Property Taxes
Parcel Number
5144-014-031
Land Assessment
$796,886
Improvements Assessment
$2,743,848
Total Assessment
$3,540,734
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
HIGH CAP RATE DEAL - MEDMEN BUILDING - DTLA | 735 S Broadway
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.