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4701 Broadway, Los Angeles, CA 90037
Priced at Only: $6,990,000
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Address: 4701 Broadway, Los Angeles, CA 90037
Property Location and Similar Properties
- MLS#: 26660051 ( )
- Street Address: 4701 Broadway
- Viewed: 5
- Price: $6,990,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1990
- Bldg sqft: 0
- Days On Market: 48
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90037
- Provided by: NAI Capital Commercial Inc.
- Contact: Rob Rob

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DescriptionPark 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.
Features
Assetclass
- Retail
Building Area Total
- 15470.00
Building Name
- Park Broadway Shopping Center
Country
- US
Land Use
- Retail
Netoperatingincome
- 447661.00
Parcel Number
- 5110010034
Postalcodeplus4
- 3244
Totalexpenses
- 217418.00
Uncovered Spaces
- 48.00
Year Built
- 1990
Zoning
- LAC2
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com










