Detail

Updated on August 15, 2022 at 10:05 pm

  • Land Area: 10,000 sq ft
  • Property Size: 36,628 sq ft
  • Price: $6,995,000
  • Year Built: 1919

Description

431 S Broadway is a 3-story commercial building situated in the heart of the Downtown Los Angeles Historic Core and Theater District. The 36,628 SF building is ideal for an investor or owner/user.
• 6,000 SF is currently rented at $13,500 per month with two 5-year options at full market value.
The property needs full renovation from soup to nuts. A savvy buyer/investor can create new floors and design the interior to meet modern day standards.
Many small companies are looking to occupy their own office space and this property is ideal for such a use.
The site is situated just 1-1/2 blocks from the brand new Citizen M Hotel (at the corner of 4th Street and Spring Street), and the famous Grand Central Market is one block to the north.
Additionally, the Judson, a newer 60-unit apartment building, is directly across Broadway, as are The Broadway Lofts, with newer studio to 2-bedroom apartments in a 1907 Renaissance Revival style building. Perla, a 35-story condominium complex, is also across from the subject at the corner of 4th Street and Broadway.
From Grand Central Market to the Ace Hotel, 431 S Broadway’s central setting provides a buyer an all-access pass to eclectic Downtown living. With the property close to public transportation, all of Los Angeles is within easy reach for commuting.  

Property Documents

  • Marketing Package for 431 S Broadway
  • Address: 431 S Broadway
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90013
  • Neighborhood: Downtown Los Angeles
  • Country: United States

Contact info

Bradley A. Luster
Bradley A. Luster
213.747.4154213.276.2483
Linkedin
Anthony S. Behar
Anthony S. Behar
213.747.8426310.880.2329
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Inquire about this property

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