$840,000

5314 S Broadway, Los Angeles, CA 90037

  • 7,500 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon5,615sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

We are proud to present 5314 S. Broadway, the property features two vacant ground-floor retail storefronts at approximately 2,000 Sq.Ft.* each (one is built-out for a restaurant), two 5 Bed/1 Bath residential units on the second floor at approximately 1,750 Sq.Ft.* each, and a detached rear garage that may be suitable for ADU conversion or additional income space, subject to city approval. The site offers approximately 7,500 square feet* of improvements on a 5,617 square-foot lot (per title). The two upstairs residential units are 5 bedroom, 1 bathroom each. All unit sizes and layouts are approximate and provided for reference purposes only. Buyer is responsible for completing their own due diligence and verifying all information. The units are currently occupied by unauthorized squatters living illegally, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset. At an asking price of $840,000, the property is offered at an exceptionally low $112 per square foot of building area, which is well below replacement cost and recent comparable sales. Based on projected market rents following renovation and lease-up, the property is expected to yield an estimated pro forma cap rate of approximately 14.97%. Situated along South Broadway, one of South Los Angeles' most active commercial corridors, the property benefits from high visibility, consistent traffic, and proximity to key employment and education centers. It's just minutes from the 110 Freeway, 1.5 miles from Exposition Park, and 2.5 miles from USC, offering convenient access to major Los Angeles destinations. This property represents a compelling repositioning opportunity ideal for investors seeking strong returns or for owner-users looking to establish a business while benefiting from long-term appreciation in a rapidly improving submarket.

Listing Status:
Active
Date Added:
October 13, 2025
Data Last Updated:
April 1, 2026 at 10:19PM
Listing Office:
Maher Commercial Realty : 310-464-1453
Listing Agent:
Oron Maher : 310-464-1453
MLS ID:
25605187
  • Parking: Parking spaces: 0
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAC25101033016
  • Source: CRMLS_CL

This listing courtesy of Oron Maher , Maher Commercial Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Main Street Elementary School

129 E 53rd St, Los Angeles, CA, 90011

Grades KG-5

0.29 miles away

L

Los Angeles Academy Middle School

644 E 56th St, Los Angeles, CA, 90011

Grades 6-8

0.81 miles away

M

Maya Angelou Community High School

300 E 53rd St, Los Angeles, CA, 90011

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.