5734 S Broadway Los Angeles CA 90037 MLS #25613505

REDUCED! 5734-5736 S Broadway 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 apartment units. The second floor offers eight self-contained studio units, each with its own kitchen and bathroom, while the third floor includes seventeen efficiency units with shared restrooms… An efficient, high-yield mix that generates steady income and strong cash-flow potential. Priced at a crazy low price of $51,724 per unit. Seller has vacated 10 units and they’re ready for you to add value and get higher/market rents. Restaurant is month-to-month and, if replaced or renegotiated, should bring in at least twice the current rent of $2,450. UNIT MIX IS AS FOLLOWS: 8 STUDIO/1BTH, 3 1BDR/1BTH, 17 EFCY (studio units on a floor with shared bathrooms) 1 Restaurant- Street Level. 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. Once stabilized, this building should be a cash-cow!