Multifamily Property for Sale in Los Angeles, CA

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90037
  • Size: 2,624 SF

Description

5436 S. Broadway is a corner lot property located along the S. Broadway commercial corridor in South Los Angeles. The site consists of two existing buildings totaling approximately 2,624 square feet on a 6,021 square foot C2-zoned parcel, providing flexibility for retail, residential, or redevelopment opportunities. The property sits on a well-traveled commercial thoroughfare that serves the surrounding residential neighborhoods and connects directly to key areas throughout Los Angeles. The location is approximately one block east of the 110 Freeway, providing convenient access to Downtown Los Angeles and other major employment centers. The surrounding area is densely populated, with strong demand for both housing and neighborhood-serving retail. The property is positioned roughly two miles south of the University of Southern California (USC) and within commuting distance of Downtown Los Angeles, Vernon, Commerce, and Huntington Park. The corridor also benefits from multiple Metro bus routes running along S. Broadway, providing direct transit connections throughout the city. In addition to the existing mixed-use improvements, the site is RTI for a 35-unit apartment development, consisting of 34 income-restricted units and one manager unit. The approved plans call for a four-story residential building totaling approximately 16,358 square feet, with an efficient unit mix of 10 singles (255–315 SF) and 25 one-bedroom units (300–430 SF). Building SF: 2624 | Land Size: 6021.0 SF | Listing Type: FOR SALE

Market Context

This multifamily in Los Angeles, CA is listed for sale at $1,195,000 across 2,624 SF. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Los Angeles, CA — <a href="/search/sale/multifamily/california/los-angeles">view the full market</a>.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: Consensus Q1 2026 market report.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per Consensus.

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