Description
Maher Commercial Realty is proud to present 5314 S. Broadway, a rare mixed-use investment and owner-user opportunity located in the heart of South Los Angeles.
The property features approximately 7,500 square feet of improvements on a 5,617 square-foot lot (per title). It includes two ground-floor retail storefronts, two residential units on the second floor, and a detached rear garage that may be suitable for ADU conversion or additional income space, subject to city approval.
The two upstairs residential units are believed to be approximately five (5) bedrooms each, though Agent and Seller have not verified. The units are currently occupied by unauthorized squatters living illegally and will be delivered vacant at close of escrow, presenting a significant value-add opportunity for investors or owner-users seeking to renovate and stabilize the asset.
At an asking price of $1,050,000, the property is offered at an exceptionally low ±$140 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 12%.
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.
Property Features:
- List Price: $1,050,000
- Total Building Size: +/-7,500 Sq.Ft.
- Total Land Area: +/-5,617
- Price Per Sq.Ft. (Building): $140.00
- Estimated Cap Rate (Pro Forma): 12%*
- Zoning: LAC2
*Cap rate based on projected market rents after renovation and full occupancy; buyer to independently verify all assumptions.
