731 S Broadway
23,061 SF 83% Leased Retail Building Los Angeles, CA 90014 $7,200,000 ($312.22/SF)




INVESTMENT HIGHLIGHTS
- Newer plumbing, electrical, HVAC and fire protection services
- Open floor plans with high ceilings
- Newer Elevator with Rooftop Access
- Bathrooms on each floor
EXECUTIVE SUMMARY
At 23,061 sq ft, the property includes a basement level that spans the entire property, a ground floor retail space that features high ceilings and a mezzanine level that connects the basement to the retail space. The second floor is mostly an open floor plan with three offices and a back patio, the third floor is currently divided into two spaces and the fourth floor features an open office space on the western side as well as a potential live work space on the eastern side of the floor. The roof top has elevator access and features decking, a storage space and amazing views of the Downtown LA skyline as well as the historic core.
The property is located along a busy stretch of Broadway between 7th and 8th streets, just steps from the Apple Flagship Store at the Tower Theater and on the same block as Ross and the new Adidas flagship. Other retailers in the immediate area include Aesop, Gentle Monster, Mykita, Urban Outfitters, Gianni and more. Thousands of residential units are located within a couple of blocks as well as several hotels. The property is a few blocks from the Pershing Square and 7th street metro stations as well as near multiple parking lots and structures.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$450,000
![]() |
$18.58
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
$22,500
![]() |
$0.93
![]() |
Effective Gross Income |
$427,500
![]() |
$17.65
![]() |
Taxes |
$108,000
![]() |
$4.46
![]() |
Operating Expenses |
-
![]() |
-
![]() |
Total Expenses |
$108,000
![]() |
$4.46
![]() |
Net Operating Income |
-
![]() |
-
![]() |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Signage
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Broken Hearts Tattoo
- Services
- 2,000 SF
- $1.50
- Modified Gross
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Broken Hearts Tattoo | Services | 2,000 SF | $1.50 | Modified Gross | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Full floor available with direct elevator access from the secured lobby. The unit has plenty of natural light and is mostly open space, with 2 offices in the front near the windows as well as one office in the rear near the balcony. The space features high ceilings, two private bathrooms, concrete floors, brick walls, 2 zoned HVAC and a wonderful private balcony. Its an ideal space that lends itself to many usages, such as office, creative space, photography studio, art studios and so much more.
Space | Size | Space Use | Position | Available |
200 | 4,110 SF | Office | - | Now |
200
Size |
4,110 SF |
Space Use |
Office |
Position |
- |
Available |
Now |
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 5144-014-032 | Total Assessment | $2,944,468 (2024) |
Land Assessment | $1,742,645 (2024) | Annual Taxes | $108,000 ($4.68/SF) |
Improvements Assessment | $1,201,823 (2024) | Tax Year | 2025 |