8925 Broadway - Apartments FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$1,332,450 USD
310-387-3489
8925 Broadway, Los Angeles, CA for Sale
$1,332,450 USD
Apartments - FOR SALE
1/12
null | 5.2% Cap Rate

8925 Broadway
Los Angeles, CA 90003
Canndu/Avalon Gardens


OVERVIEW

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. Contact broker today for more information.

FOR SALE DETAILS

PRICE

$1,332,450 USD

PRICE/SF

$416 USD /SF

# OF UNITS

4

PRICE/UNIT

$333,113

CAP RATE

5.2%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAC2

APN/PARCEL ID

6040-030-016

ASK ABOUT THIS PROPERTY

John AldenDover Management CorporationMore Info
310-387-3489

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John AldenDover Management CorporationMore Info
310-387-3489

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