5734 Broadway 29 Unit Apartment Building $2,055,810 CAD ($70,890 CAD/Unit) Los Angeles, CA 90037

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. Once stabilized, this building should be a cash-cow!
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.