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4060-4064 Broadway Pl
Los Angeles, CA 90037
A 24 Unit Mixed-Use Building Near DTLA · Multifamily Property For Sale
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24 Units
Investment Highlights
- VALUE-ADD OPPORTUNITY: 29 Percent Remaining Rental Upside Through Capital Improvements and Unit Renovations
- ATTRACTIVE IN-PLACE METRICS: 5.00% CAP RATE AND 10.17 GRM
- CONVENIENTLY LOCATED NEAR THE 10 AND 110 FREEWAYS PROVIDING EASY ACCESS THROUGHOUT LOS ANGELES
- A COMPELLING VALUE PROPOSITION: Affordable Rents Compared to the Neighboring Submarkets of Downtown Los Angeles and USC
Property Facts
| No. Units | 24 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 15,273 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1922 |
| Zoning | LAM1 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 15,273 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1922 |
| Zoning | LAM1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | - |
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 5111-022-025 | Improvements Assessment | $502,418 |
| Land Assessment | $364,249 | Total Assessment | $866,667 |
Property Taxes
Parcel Number
5111-022-025
Land Assessment
$364,249
Improvements Assessment
$502,418
Total Assessment
$866,667
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