5975 Broadway Los Angeles, CA 90003

This exceptional mixed-use property, located at 5975-5979 S Broadway in Los Angeles, CA 90003, presents a compelling value-add redevelopment opportunity. Priced at $1,709,000, this Class C property encompasses 6,858 square feet across two buildings on a 0.13-acre lot (APN 6005-004-013). The property boasts 100% occupancy with a diverse tenant mix, including a mini-market and an appliance store on the ground floor, generating consistent cash flow. Upstairs, eight multi-family units provide stable rental income, complemented by a single-family residence. The two-story structure offers ample parking for tenants and customers. This prime South Broadway location ensures high visibility and strong rental demand. The 5.30% cap rate and established tenants make this an attractive investment for both seasoned investors and developers seeking a lucrative redevelopment project in a thriving Los Angeles neighborhood. The property's strong cash flow, combined with its redevelopment potential, positions it for significant long-term growth. This is a rare opportunity to acquire a well-positioned, income-producing asset in a high-demand area.