8925 S Broadway Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
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