Investment Overview

Marcus & Millichap is pleased to exclusively market for sale 5724 South Broadway (The "Property"), a 2,939 square foot mixed-use retail and apartment property. The property is located just North of Slauson Avenue and offers good visibility for the retail space on a busy thoroughfare in a dense infill location of Los Angeles. The property consists of one street level "Discount-Market", two one-bedroom one bath apartments and a single two-bedroom unit. The property is separately metered for gas & electricity and has individual hot water heaters for each unit. Current rents are well below market, offering fortuitous buyers approximately 136% upside in rental income. Carrying-out interior renovations and upgrading the exterior façade of the property offers returns rarely seen in current market conditions. A true value-add opportunity awaits a savvy investor with the ability to execute a straightforward and lucrative reposition of an asset with enormous potential.