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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,500,000

Est. payment | -/mo

11 Beds

18 Baths

11,550 SqFt

Save

$ 1,500,000

Est. payment | -/mo

Save

11 Beds

18 Baths

11,550 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 11,550 sqft

Price per Sqft $129

MLS Listing ID 26662365

Bedrooms 11

HOA Y/N No

Year Built 1928

Lot Size 4,434 Sqft

Property Description

We are proud to present 5929 S Broadway, an 18-unit mixed-use building, offered at a 6.11 GRM and a 6.45% CAP on actual rents. Offered at a very low price per unit of $83,333 and at $130 per square foot on the building, this mixed-use property consists of a single, three-story brick building totaling 11,550 rentable square feet. Built in 1928, the property is situated on an 4,436 square foot LAC2 zoned corner lot with street access on two sides plus alley access.The unit mix features (2) two-bedroom one-bathroom units, seven (7) one-bedroom one-bathroom units, (7) seven Studios and two (2) ground level commercial units. THREE UNITS will be delivered VACANT which consist of a one-bedroom unit, a two-bedroom unit and a commercial unit. Located on the corner of W 59th Pl and Broadway, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles and neighboring communities such as Crenshaw, Inglewood, Lennox, Gardena, Huntington Park and South Gate. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Fireplace No

Exterior

Parking Features None

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 6005006017

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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5929 S Broadway Los Angeles, CA 90003