In Contract listing

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In ContractResidential · sale

5929 S Broadway

Los Angeles, CA 90003

$1,500,000

  • 11 beds
  • 18 baths
  • 11,550 sq ft
  • 0.1 acres
  • Built 1928

Listed by Kidder Mathews of California, Inc. · MLS #26662365

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1928.

Property size

0.1 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

We are proud to present 5929 S Broadway, an 18-unit mixed-use building, offered at a 6.11 GRM and a 6.45% CAP on actual rents. Offered at a very low price per unit of $83,333 and at $130 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 4,436 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.

THE NEIGHBORHOOD

Explore the location.

5929 S Broadway, Los Angeles, CA 90003

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THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1928
Full baths
0
Half baths
0
Zoning
LAC2
Parcel
6005006017

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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5929 S Broadway, Los Angeles, CA 90003 · MLS #26662365

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Listing information

MLS #26662365 · California Regional MLS

Listing brokerage: Kidder Mathews of California, Inc.
Listing agent: Casey Lins

Listing status: In Contract. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.