10712 S Broadway - Apartments FOR SALE


Los Angeles, CA 90061- Canndu/Avalon Gardens
$795,000 USD
310-405-7610
10712 S Broadway, Los Angeles, CA for Sale
$795,000 USD
Apartments - FOR SALE
1/9
null | 5.82% Cap Rate

10712 S Broadway
Los Angeles, CA 90061
Canndu/Avalon Gardens


OVERVIEW

10712 S Broadway presents a value-add multifamily investment opportunity in the heart of South Los Angeles. This four-unit property features a desirable one bedroom, one bath unit mix with stable in place income and significant rental upside through below market rents. The property offers investors immediate cash flow with the opportunity to increase returns over time. Ideally located along the South Broadway corridor, the property benefits from strong rental demand, convenient access to major freeways, public transportation, and Downtown Los Angeles. Whether held for long term cash flow or repositioned through strategic improvements, 10712 S Broadway offers an excellent opportunity to maximize income and long-term appreciation in one of Los Angeles' most active rental markets.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

4

PRICE/UNIT

$198,750

CAP RATE

5.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadway Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,160 SF

ZONING

LAC2

APN/PARCEL ID

6074-011-034,6074-011-035

ASK ABOUT THIS PROPERTY

Pauline CohnFred Leeds PropertiesMore Info
310-405-7610

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Pauline CohnFred Leeds PropertiesMore Info
310-405-7610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.