John E Burge

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Listing provided courtesy of Kidder Mathews of California, Inc.- MLS# 26662365MLS Provider

5929 S BroadwayLos Angeles, CA 90003

Multi-Family · 11 Beds · 11,550 Sq. ft. | 0.10 Acres
$1,500,000 Active

5929 S Broadway Overview

Time on Site:
111 days
Visits:
0

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.

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5929 S Broadway Facts & Features

  • Type Multi-Family
  • Sq. ft. 11,550
  • Price/Sq.ft. $130
  • Lot 0.10 Acres

Details

General

Income/Expenses

  • Gross Income: 245416
  • Net Operating Income: 96747.00

Building Information

  • Year Built: 1928

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Downtown L.A.

Tax Information

  • Tax Assessed Value: 2320274

General Information

  • Disclosures: As Is, Rent Control
  • Property Type: Residential Income
  • Rent Control: True
  • Zoning: LAC2

Interior

Beds/Baths

  • Bathrooms Total: 18.00
  • Bedrooms Total: 11

General Information

  • Common Walls: Attached
  • Cooling: Other
  • Heating: Other
  • Levels: Three Or More
  • Living Area: 11550
  • Living Area Source: Assessor
  • Security Features: Other
  • Stories: 3

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels Description: False
  • Lot Features: Single Lot
  • Lot Size Acres: 0.1018
  • Lot Size Area: 4435
  • Lot Size Source: Assessor
  • Number Of Buildings: 1

General Information

  • Number Of Units Total: 18
  • Other Structures: None

5929 S Broadway Neighborhood

Community

90003 (Los Angeles) Demographics

29
Median Age
20,870
Population Density (per sq. mile)
10%
College Educated
$42,220
Estimated Median Income
4,717
Estimated Total Home Owners
12,825
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5929 S Broadway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5929 S Broadway Market Data

Based on the last 30 days in this zip code

$629,258
Average List Price
$499
Average Price per Square Foot
19
Properties Sold
133
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

5929 S Broadway History

Date Event Value Agent
6/4/2026Source: CRMLS Price Reduction
$1,500,000 -6.2%
6/4/2026Source: TheMLS (CLAW) Price Reduction
$1,500,000 -6.2%
4/13/2026Source: CRMLS Status Change
Active
4/13/2026Source: TheMLS (CLAW) Status Change
Active
3/31/2026Source: CRMLS Status Change
Active Under Contract
3/31/2026Source: TheMLS (CLAW) Status Change
Active Under Contract
3/10/2026Source: CRMLS Added to Database
March 10, 2026
3/10/2026Source: TheMLS (CLAW) Added to Database
March 10, 2026
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
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