4701 S Broadway, Los Angeles, CA 90037

  • $6,300,000
4701 S Broadway
CommercialSale Active
4701 S Broadway, Los Angeles, CA 90037
4701 S Broadway
  • $6,300,000

Overview

Property ID: HZ26660051
  • 0
  • Bathroom
  • 1990
  • Year Built

Description

Park Broadway Shopping Center is a 15,470-square-foot, multi-tenant retail strip center occupying a prominent full-block position on South Broadway in Los Angeles. Situated on approximately 34,522 square feet of land, the property comprises eleven retail suites ranging from 500 to 4,939 square feet and is currently 95.48% occupied by a diverse mix of internet-resistant, service-oriented tenants. The tenant roster includes a fast-food operator, coin laundry, medical office, chiropractic practice, nail salon, wireless retailer, donut shop, insurance agency, and tax service businesses that serve daily needs and generate consistent foot traffic regardless of broader e-commerce trends. The center benefits from a generous parking ratio of 3.1 spaces per 1,000 square feet, a meaningful competitive advantage in an urban infill environment where parking is often scarce. The property is offered at $6,990,000, representing approximately $452 per square foot and a projected cap rate of 6.41% upon full implementation of the triple-net leases already in place.

  • Address Broadway
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90037

Details

Updated on April 30, 2026 at 9:08 pm
  • Property ID: HZ26660051
  • Price: $6,300,000
  • Bathroom: 0
  • Year Built: 1990
  • Property Status: CommercialSale
  • Listed by: Rob Zaharia
  • DRE #: 01404426
  • Contact Mail: rzaharia@naicapital.com
  • Brokered by: NAI Capital Commercial Inc.

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