537 S Broadway | Los Angeles, CA 90013
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537 S Broadway
Los Angeles, CA 90013
The F&W Grand · Office Property For Sale
Investment Highlights
- SELLER FINANCING AVAILABLE: 60% LTV, 3 Year Term, 4% Interest Only
- Voluntary seismic upgrade
- All-new/overhaul of restrooms/ plumbing/waste vents/water distribution, fixtures integrating the newest water-saving technologies, etc.
- Individual HVAC units and ducting with state-of-the-art bipolar ionization generators
- Newly refinished concrete floors. Modern light fixtures. Glass systems for the offices. Exposed brick walls. High ceilings (~20'+)
- Amenity roof deck with TV, Music, Wifi, & a shared outdoor-indoor conference room
Executive Summary
Cushman & Wakefield of California, Inc., as Exclusive Advisor, is pleased to offer the fee simple interest in 537 S. Broadway (“Subject Property”), an architecturally significant, seven-story building designed by famed local architects Walker & Eisen in 1931. This is a coveted opportunity for an owner/user or an investor to purchase a fully renovated, turn-key asset in the famed Historic Core of Downtown Los Angeles.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
48,108 SF
Building Class
B
Year Built/Renovated
1931/2019
Percent Leased
Vacant
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
6,873 SF
Slab To Slab
15’
Building FAR
6.90
Lot Size
0.16 AC
Zoning
C5-4D - Commercial
PROPERTY TAXES
| Parcel Number | 5149-033-003 | Improvements Assessment | $3,947,250 |
| Land Assessment | $4,713,137 | Total Assessment | $8,660,387 |
PROPERTY TAXES
Parcel Number
5149-033-003
Land Assessment
$4,713,137
Improvements Assessment
$3,947,250
Total Assessment
$8,660,387
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