10714 S Broadway - Multi-Family FOR SALE


Los Angeles, CA 90061- Canndu/Avalon Gardens
$875,000 USD
310-729-1559
10714 S Broadway, Los Angeles, CA for Sale
$875,000 USD
Multi-Family - FOR SALE
1/12
null | 5.1% Cap Rate

10714 S Broadway
Los Angeles, CA 90061
Canndu/Avalon Gardens


HIGHLIGHTS

  • The property sits on a spacious lot just over 6,000 Square Feet and comprises of (4) 1 Bed/1 Bath Units
  • It offers a going-in cap rate of 5.10% and approximately 45% in rental upside
  • Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs

OVERVIEW

10714 S Broadway is a charming 4-unit apartment building located in South Los Angeles. The renovated asset is currently operating at 5%+ CAP providing investors with solid in-place cash flow. The asset sits on a 6,160 SF C2-zoned lot, offering future development potential while generating steady income. The property also has 4 Car parking lot in the back, that can be a potential ADU Possibility (Buyer to verify). Property has updated electrical panels, updated copper plumbing, updated interior & exteriors. Positioned along a high-visibility corridor with excellent access to freeways, public transportation, and local amenities, the property appeals to a broad tenant base.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

4

PRICE/UNIT

$218,750

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10714 S Broadway

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LA C2

APN/PARCEL ID

6074-011-035

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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