Log In/Sign Up
Your email has been sent.
18 Units | Mixed-Use | $88k/Unit 5929 S Broadway 11,550 SF 100% Leased Retail Building Los Angeles, CA 90003 $2,176,512 CAD ($188.44 CAD/SF) 5.97% Cap Rate
Executive Summary
We are proud to present 5929 S Broadway, an 18-unit mixed-use building, offered at a 6.52 GRM and a 5.97% CAP on actual rents.Offered at a very low price per unit of $88,889 and at $139 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 4,435 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.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$333,844
|
$28.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$10,015
|
$0.87
|
| Effective Gross Income |
$323,830
|
$28.04
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$193,839
|
$16.78
|
| Net Operating Income |
$129,991
|
$11.25
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $333,844 |
| Annual Per SF | $28.90 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $10,015 |
| Annual Per SF | $0.87 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $323,830 |
| Annual Per SF | $28.04 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $193,839 |
| Annual Per SF | $16.78 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $129,991 |
| Annual Per SF | $11.25 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,550 SF
Building Class
C
Year Built
1928
Price
$2,176,512 CAD
Price Per SF
$188.44 CAD
Cap Rate
5.97%
NOI
$129,991 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
2.60
Lot Size
0.10 AC
Zoning
LAC2
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 6005-006-017 | Improvements Assessment | $2,645,399 CAD |
| Land Assessment | $507,853 CAD | Total Assessment | $3,153,252 CAD |
Property Taxes
Parcel Number
6005-006-017
Land Assessment
$507,853 CAD
Improvements Assessment
$2,645,399 CAD
Total Assessment
$3,153,252 CAD
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
18 Units | Mixed-Use | $88k/Unit | 5929 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.