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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.
Property Type(s):
Commercial
| Last Updated | 3/4/2026 | Year Built | 1990 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | C42 - Downtown L.A. |
|---|---|
| LOT | 0.7933 acre(s) |
| LOT DIMENSIONS | 34554 |
| STORIES | 1 |
Location
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Listed with NAI Capital Commercial Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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