Log In/Sign Up
Your email has been sent.
Broadway Mall 440 S Broadway 93,924 SF 36% Leased Office Building Los Angeles, CA 90013 For Sale
Investment Highlights
- Owner-User Opportunity
- Strong In-Place Parking Income
- Transit-Oriented Asset
- Prime SoBro Location
- LA Global Spotlight: 2026 World Cup, 2027 Super Bowl & 2028 Olympics
Executive Summary
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire 440 S Broadway, a structured parking garage with ground-floor retail in Downtown Los Angeles. The property currently includes 128 striped parking stalls, with the potential to accommodate approximately 220 stalls through valet operation.
The building totals approximately 93,924 square feet, including 56,000 square feet dedicated to parking and approximately 35,753 square feet of commercial space. The property is currently 16% leased on the commercial side and has a parking agreement in place, offering significant upside through lease-up of the remaining vacancy.
Located in the South Broadway (“SoBro”) district at the intersection of Little Tokyo, the Theater District, and the Fashion District, the property benefits from a dense surrounding mix of office, residential, hospitality, and entertainment uses, along with strong walkability and convenient access to the broader Downtown core.
The offering presents an opportunity to acquire a centrally located parking asset with the ability to increase occupancy and improve parking revenue, while also providing longer term optionality for repositioning or alternative use as market conditions evolve.
The building totals approximately 93,924 square feet, including 56,000 square feet dedicated to parking and approximately 35,753 square feet of commercial space. The property is currently 16% leased on the commercial side and has a parking agreement in place, offering significant upside through lease-up of the remaining vacancy.
Located in the South Broadway (“SoBro”) district at the intersection of Little Tokyo, the Theater District, and the Fashion District, the property benefits from a dense surrounding mix of office, residential, hospitality, and entertainment uses, along with strong walkability and convenient access to the broader Downtown core.
The offering presents an opportunity to acquire a centrally located parking asset with the ability to increase occupancy and improve parking revenue, while also providing longer term optionality for repositioning or alternative use as market conditions evolve.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
93,924 SF
Building Class
C
Year Built
1984
Percent Leased
36%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
18,785 SF
Building FAR
4.79
Lot Size
0.45 AC
Zoning
C4 - Commercial
Parking
140 Spaces (1.49 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
RETAIL- MEDICAL - OFFICE- FITNESS FLAGSHIP OPPORTUNITY WITH PARKING ON-SITE NEXT TO THE EMACULATE NEW RESIDENTIAL HIGH-RISE, PERLA: https://perlabroadway.com/ INCREDIBLE FRONTAGE AND EXPOSURE ON BROADWAY FROM GROUND FLOOR AND 2ND LEVEL RETAIL. Approx 150 Parking Spaces On Site DELIVERY IN 2024... CONTACT FOR MORE INFORMATION
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 18,049 SF | Office/Retail | Full Build-Out | Now |
| 2nd Floor | 15,422 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 18,049 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 15,422 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 18,049 SF |
| Space Use | Office/Retail |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 15,422 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
RETAIL- MEDICAL - OFFICE- FITNESS FLAGSHIP OPPORTUNITY WITH PARKING ON-SITE NEXT TO THE EMACULATE NEW RESIDENTIAL HIGH-RISE, PERLA: https://perlabroadway.com/ INCREDIBLE FRONTAGE AND EXPOSURE ON BROADWAY FROM GROUND FLOOR AND 2ND LEVEL RETAIL. Approx 150 Parking Spaces On Site DELIVERY IN 2024... CONTACT FOR MORE INFORMATION
1 1
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5149-024-024 | Improvements Assessment | $2,106,677 CAD |
| Land Assessment | $8,426,729 CAD | Total Assessment | $10,533,406 CAD |
Property Taxes
Parcel Number
5149-024-024
Land Assessment
$8,426,729 CAD
Improvements Assessment
$2,106,677 CAD
Total Assessment
$10,533,406 CAD
Contacts
-
Michael Condon Jr. -
Erica Finck -
Reid Gratsch -
Kylie Rawn -
Whitney Jones -
Cushman & Wakefield
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Broadway Mall | 440 S Broadway
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.