Listed by Brandon Cohan Real Estate
Unpriced
The MedMen Building on Broadway
Details
Property Type Retail, Mixed Use
Sub Type Storefront, Apartment Building
Square Footage 22,890
Units 6
NOI $683,372
Occupancy 100%
Tenancy Multi
Brand/Tenant MedMen
Year Built 1908
Stories 5
Acreage 0.110
Zoning LAC5 - Commercial
Investment Type Stabilized
735 S Broadway, Los Angeles, CA 90014
Marketing description
735 S Broadway presents a rare opportunity to acquire a fully leased, mixed-use asset located on one of the most prominent streets in the heart of Downtown Los Angeles. The five-story property consists of six apartment units above a high-profile ground-floor retail space occupied by MedMen. The asset offers strong in-place cash flow, 29 feet of frontage along a major DTLA corridor, and immediate proximity to some of the area's most notable retail, fitness, and cultural destinations. This offering provides investors with stable income, long-term upside, and exposure to one of Los Angeles' most rapidly evolving urban markets.
Investment highlights
- Fully leased 22,890 SF building in the heart of downtown Los Angeles
- 3,000 SF ground floor retail
- 13,200 SF residential featuring six apartment units
- 5,000 SF basement space
- Six 2,200 SF apartment units
- Signalized crossing directly in front of building
- Close to the iconic Apple Tower Theatre, Bossa Nova, John Reed Fitness, Zinque, California Chicken Cafe, Foot Locker, Bottega Louie, Whole Foods, and many more brands.
- Over 90k residents live in DTLA, with the population estimated to grow to 200k in 2040
- Located just minutes from the upcoming DTLA Erewhon, expected to open next year.
Listing Contacts
Listed by Brandon Cohan Real Estate
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$683,372.00
$56,947.67/mo
Valuation Metrics
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