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Prime Mixed-Use Investment Opportunity in South Los AngelesLocation: Corner of Broadway & 59th Street, South LA (South Central)Property Type: Mixed-Use 8 Residential Units + 2 Retail Spaces + Detached SFRZoning: [Insert zoning info if known, e.g., LAC2]This is a rare opportunity to own a high-potential mixed-use property located on a busy corner in the heart of South Los Angeles. Situated at the intersection of Broadway and 59th Street, this property offers exceptional street visibility and consistent foot traffic ideal for retail tenants and long-term appreciation.Property Highlights:*8 Upstairs Apartment Units All currently tenant-occupied with upside potential in rental income. Minor cosmetic updates could significantly increase market rents.*2 Ground-Level Retail Spaces Great street frontage and signage exposure. Perfect for local businesses, with the potential to upgrade and attract higher-paying tenants.*1 Detached Single-Family Home (Rear of Property) Private and versatile, ideal as a rental, owner-user unit, or ADU conversion opportunity.*Corner Lot. Enhances visibility and accessibility for retail spaces.*Value-Add Potential With light renovations, this property offers a strong upside in rent increases across all units.Whether you're a seasoned investor or new to the market, this property is a prime value-add investment with strong current income and even greater future potential. Its mix of residential and commercial units provides a diversified income stream, and the location in a rapidly developing area makes it a strategic long-term hold.
Property Type(s):
Commercial
| Last Updated | 9/10/2025 | Year Built | 1919 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | C42 - Downtown L.A. |
|---|---|
| LOT | 5776 sq ft |
| STORIES | 2 |
Location
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Listed with Keller Williams Hollywood Hills
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