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10714 S Broadway - 10714 S Broadway 4 Unit Apartment Building Offered at $875,000 at a 5.10% Cap Rate Los Angeles, CA 90061
INVESTMENT HIGHLIGHTS
- The property sits on a spacious lot just over 6,000 Square Feet and comprises of (4) 1 Bed/1 Bath Units
- Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs
- It offers a going-in cap rate of 5.10% and approximately 45% in rental upside
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $875,000 | No. Units | 4 |
| Price Per Unit | $218,750 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 1,870 SF |
| Cap Rate | 5.10% | No. Stories | 1 |
| Gross Rent Multiplier | 13.26 | Year Built | 1930 |
| Zoning | LA C2 | ||
| Price | $875,000 |
| Price Per Unit | $218,750 |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| Gross Rent Multiplier | 13.26 |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 1,870 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Zoning | LA C2 |
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10714 S Broadway - 10714 S Broadway
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