9715 S Broadway - Multi-Family FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$1,050,000 USD
626-427-0786
9715 S Broadway, Los Angeles, CA for Sale
$1,050,000 USD
Multi-Family - FOR SALE
1/11
null | 8.02% Cap Rate

9715 S Broadway
Los Angeles, CA 90003
Canndu/Avalon Gardens


HIGHLIGHTS

  • Built in 1990 I No City Rent Control (No RSO)
  • Excellent Unit Mix of All 3-Bed/1-Bath Spacious Units
  • Huge Upside Potential in Rental Income
  • 1 Unit to be Delivered Vacant
  • 3,118 Sq.Ft. I 5,202 Sq.Ft. Lot Size

OVERVIEW

Investor-ready 4-unit income property in Los Angeles — rare no-RSO opportunity with strong upside. Built in 1990 and impeccably configured with an excellent unit mix: four spacious 3-bed/1-bath units, one of which will be delivered vacant — immediate value-add and leasing flexibility. Property is separately metered for electricity and gas, offering simplified expense recovery and operational control. Tenants enjoy plentiful onsite parking. Financials deliver a solid CAP rate of 8.02% and a GRM of 9.52, with significant rental upside potential in this submarket. Ideal for a hands-on investor or 1031 exchange buyer seeking reliable cash flow today and straightforward rent growth tomorrow. Don’t miss this rare Los Angeles multifamily with no city rent control.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$337 USD /SF

# OF UNITS

4

PRICE/UNIT

$262,500

CAP RATE

8.02%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Built in 1990! Current 8.02% CAP Rate!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,202 SF

ZONING

LAC2

APN/PARCEL ID

6053-012-004

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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