5314 S Broadway, Los Angeles, CA 90037
- 7,500 sqft
other
Built in 1923
5,615sqft lot
—— car garage
$112/sqft
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

- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Main Street Elementary School
129 E 53rd St, Los Angeles, CA, 90011
Grades KG-5
0.29 miles away
Los Angeles Academy Middle School
644 E 56th St, Los Angeles, CA, 90011
Grades 6-8
0.81 miles away
Maya Angelou Community High School
300 E 53rd St, Los Angeles, CA, 90011
Grades 9-12
0.62 miles away
