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5501 S Broadway, Los Angeles, CA 90037

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Listing Type
commercial/industrial
Listing Status
active
30
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Transportation
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$1,050,000

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Home Details for 5501 S Broadway

Price
$1,050,000
Type
commercial/industrial
Year Build
1905
Sq. Ft.
4,950
County
Los Angeles
On exitrealty.com
73 days
MLS Listing#
MB21007991

Property Description

6.84 CAP RATE GREAT INVESTMENT OPPORTUNITY MIX-USED BUILDING WITH LOW MAINTENANCE PERFECT INVESTMENT STABLE INCOME WITH 4 EXCELLENT TENANTS IN PLACE. ALL TENANTS CURRENTLY ARE PAYING THEIR RENT ON TIME. TWO COMMERCIAL STORE FIRST FLOOR AND TWO BEAUTIFIL LARGE APARTMENTS TOTALLY UPGRATED WITH 4 BEDROOMS AND 2 BATHROOMS. EACH APARTMENT HAS AND EXCELLENT FLOOR PLANS AS WELL AS DINING AND KITCHEN AREA. ONE ASSIGNED PARKING FOR EACH TENANTS. GREAT FRONTAGE CORNER LOT PROPERTY WITH HEAVY PEDESTRIAN TRAFFIC IN ONE OF THE BUSIEST AREA IN LOS ANGELES, CONVENIENT LOCATION CLOSE TO 110 FREEWAY AND NEAR PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING CENTERS AND SHORT DISTANCE TO LA MEMORIAL COLISEUM, DOWNTOWN LOS ANGELES, LAX AIRPORT AND UNION STATION COMMUTER RAIL. DON'T MISS THIS OPPORTUNITY TO OWN THIS PROPERTY. HURRY UP. IT WILL NOT LAST LONG. DO NOT CONTACT OR DISTURB TENANTS. CALL LISTING AGENT. THE INVESTMENT BOASTS SPACIOUS FLOOR PLAND, SECURED GATED ENTRY WITH 4 OR 5 ON-SITE PARKING SPACES. EXCELLENT CASH FLOW AND WELL GREAT LOCATION. THIS PROPERTY WILL CONTINUE TO HAVE AN OUSTANDING LOCATION DUE TO THE SLAUSON CORRIDOR DEVELOPMENT CREATED BY THE CITY OF LOS ANGELES. SEE ATTACHED INFORMATION. THE PROPERTY IS SOLD "AS-IS" IN ITS PRESENT PHYSICAL CONDITION AS OF THE DATE OF ACCEPTANCE.
EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
$1,050,000

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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
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