List Search

5312 S Broadway
Los Angeles, CA 90037 Vernon-Main

$840,000 USD

Storefront Retail Residential For Sale  •  7,500 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 7,500 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1923
  • Zoning LAC2
65 Transit Score
79 Walk Score

Highlights

Two 5 bedroom, 1 bathroom residential units upstairs that are approximately 1,750 Sq.Ft. each
Two vacant retail units are approximately 2,000 Sq.Ft. each , one built-out as a restaurant
Offered at only ±$112/SF, well below replacement cost and comparable South LA sales
Estimated 14.97% pro forma cap rate based on market rents after renovation and stabilization
Approximately 7,500 SF of improvements on a 5,617 SF lot
Excellent ADU conversion potential or use for storage/parking, subject to city approval

Public Transportation

Commuter RailDriveWalkDistance
11 min - 6.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.6 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 13.3 mi
Long Beach (Daugherty Field) 26 min - 18.4 mi
Bob Hope 31 min - 21.6 mi
Nicole Lu 310-710-1018 Maher Commercial Realty
Nicole Lu 310-710-1018 Maher Commercial Realty