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,… Read More three-story brick building totaling 11,550 rentable square feet. Built in 1928, the property is situated on an 4,436 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. Read Less
Property listed by Kidder Mathews of California, Inc., Casey Lins 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
11
Square Ft.
11,550
Lot Size
0.1 Acres
Year Built
1928
MLS Number
26662365
Additional Details
Building
Built in 1928, Living area: 11550.0, 1 building, 3 stories, Levels: ThreeOrMore
Disclosures
RentControl
Income
Gross Income: $245,416, Net Operating Income: $95,559
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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