5917 BroadwayLos Angeles, CA 90003

Property Details for 5917 Broadway

Year built

1970

Construction

WOOD

Lot size

0.13 AC

Zone code

LAC2

Property type

Parking lots & garages

APN

6005-006-014

APU

6005006014

Description

This exceptional 2,000-square-foot industrial property, located at 5917 S. Broadway in Los Angeles, CA 90003, presents a fantastic opportunity for businesses seeking versatile space. The single-story building boasts a 12-foot ceiling height, providing ample room for various operations. The property is classified as Class C and is zoned M1, allowing for a range of manufacturing, flex, warehouse, and distribution uses. The entire 2,000 square feet is currently vacant and available for immediate occupancy. The space features 110 and 220-volt power, making it suitable for a variety of equipment. Multiple tenants are permitted. This property is ideal for businesses needing a flexible and functional space in a prime Los Angeles location. Its convenient location offers easy access to major transportation routes, streamlining logistics and distribution. The property's size makes it perfect for smaller businesses or those seeking efficient, cost-effective operations. Don't miss this chance to secure this versatile industrial space in a thriving Los Angeles market. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,364,268

  6.5%

  $2,182,402

  7%

  $2,026,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,660,057

  Geo Method

  $2,660,057

• Alternative Use

  Use

  Valuation

  Residential

  $1,840,937

  Hospitality

  $1,686,289

  Educational

  $1,402,972

  Medical

  $1,451,223

  Retail

  $2,182,402

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9865

Longitude

-118.279

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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