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5314 S Broadway, Los Angeles, CA 90037
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5314 S Broadway Los Angeles, CA 90037

$1,195,000
  • -- Beds
  • -- Baths
  • 7,500 Sq.Ft.
For Sale
$1,195,000 Get Pre-Qualified
Map preview of 5314 S Broadway, Los Angeles, CA 90037

Property Overview: 5314 S Broadway Los Angeles, CA has -- bedrooms, -- bathrooms, 7,500 living square feet and 5,617 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: The subject property is a mixed-use retail and residential building sitting at 7,500 SF on an estimated 5,617 SF lot. 5314 S Broadway currently consists of two (2) ground level retail storefronts and two (2) residential units located on the second floor. Additionally, in the rear of the building sits a detached structure that is used for storage/parking. With 75% of the building currently vacant, this presents an excellent opportunity for investors seeking over a 7% pro forma cap rate. Immediate market rents can be attained for both the retail and residential units. Furthermore, this offering is well-suited for owner-users interested in leveraging SBA financing, requiring as little as a 10% down! An owner-user has the option to occupy 51% of the premises while leasing out the remaining space for supplemental income.*Per title, building square footage is 5,869. Buyer to perform own due diligence and verify all information.

Listed by Daniel Hirth | BRE #01515796 | KW Advisors
Last checked: 11 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
5,617
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
24385579
City
Los Angeles
County
Los Angeles
Time on Site
17 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5314 S Broadway

Lot Details / Garage and Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 5101033016
  • Entry Level: 1
Location / Neighborhood
Location Information
  • Directions: S. Broadway and W. 53rd Street
View more facts & features

Local Los Angeles Agent

Sale History for 5314 S Broadway

Last sold for $650,000 on July 14th, 2020

  • April, 2024

  • Apr 29, 2024

    Date

    Active

    CRMLS: 24385579

    $1,195,000

    Price

  • July, 2020

  • Jul 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • June, 2020

  • Jun 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $700,979

    Price

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Tax History for 5314 S Broadway

Assessed Value (2020): $750,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $250,000 $750,000

Home Value Compared to the Market

This property vs the competition

5314 S Broadway is listed 4.32% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $159.33 per/sqft which puts the price per square foot 79.41% lower than the median price per square foot for the city of Los Angeles.

About 5314 S Broadway

Detailed summary of property

5314 S Broadway is a mixed use located in Los Angeles, CA 90037 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 7,500 living square feet, and sits on an approximately 5,617 square foot lot. 5314 S Broadway was first listed on ArdentRealEstateGroup.com on April 29, 2024. The homeowner is currently asking $1,195,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.32% lower than the median priced home. Local competing homes currently for sale include 1116-1120 E 69th St, 254 W 83rd St and 8322 Avalon Blvd. While the average home in Los Angeles, CA is selling in 94 days, 5314 S Broadway has a days on market of 14 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 5314 S Broadway Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5314 S Broadway

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
5,869
Lot Size
5,616
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5101-033-016

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Recently Sold Homes Near 5314 S Broadway

5400 S Broadway, Los Angeles, CA 90037
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5400 S Broadway
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5724 S Broadway, Los Angeles, CA 90037
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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