Los Angeles, CA 90003,8925 S Broadway
Los Angeles, CA 90003,8925 S Broadway
Los Angeles, CA 90003,8925 S Broadway
Los Angeles, CA 90003,8925 S Broadway
Los Angeles, CA 90003,8925 S Broadway
Los Angeles, CA 90003,8925 S Broadway
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$ 1,332,450
Est. payment | /mo

12 Beds

4 Baths

3,204 SqFt


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$ 1,332,450
Est. payment | /mo
Save

12 Beds

4 Baths

3,204 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,204 sqft

Price per Sqft $415

MLS Listing ID 25508357

Bedrooms 12

Year Built 1990

Lot Size 6,045 Sqft

Acres 0.1388

Property Sub-Type Multi-Family

Property Description

Comprised of (4) 3BD/1BA units, 8925 S. Broadway is a well maintained multifamily asset located in South Los Angeles. Built in 1990, the asset is situated on a 6,043 square foot lot with 8 parking spaces located behind the building. Priced at a 5.2% Cap rate and an 11.38 GRM, new ownership can capture approximately 23% upside to stabilize the asset at a 7.38% Cap rate and 9.25 GRM.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Gas Or Electric Dryer Hookup, Range/Oven

Exterior

Parking Features Uncovered

Garage Spaces 8.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Dover Management Corp.
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8925 S Broadway