10424 S Broadway | Los Angeles, CA 90003
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10424 S Broadway
Los Angeles, CA 90003
Broadway Studios · Multifamily Property For Sale
·
13 Units
Investment Highlights
- Offered with strong cashflow at a 7.71% CAP Rate and 8.07 GRM on Current Income
- The 1986 construction does not fall within the city of Los Angeles rent control
- Secured gated access with 13 on-site parking spaces
- RTI for additional 3 ADU units on the property; Two-bedroom and three-bedroom units
- A new roof was just recently installed on the building; plumbing and electricity have also been upgraded
- Renovated units with newly installed windows throughout the building
Property Facts
| No. Units | 13 | Building Size | 3,433 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 3.79/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | LAC2 - Commercial | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,433 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 3.79/1,000 SF |
| Zoning | LAC2 - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 565 |
| Studios | 12 | - | 200 |
Property Taxes
| Parcel Number | 6074-003-036 | Improvements Assessment | $468,515 |
| Land Assessment | $1,093,207 | Total Assessment | $1,561,722 |
Property Taxes
Parcel Number
6074-003-036
Land Assessment
$1,093,207
Improvements Assessment
$468,515
Total Assessment
$1,561,722
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