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Built in 1990! Current 8.02% CAP Rate! 9715 S Broadway 4 Unit Apartment Building $1,050,000 ($262,500/Unit) 8.02% Cap Rate Los Angeles, CA 90003
Investment Highlights
- Built in 1990 I No City Rent Control (No RSO)
- Huge Upside Potential in Rental Income
- 3,118 Sq.Ft. I 5,202 Sq.Ft. Lot Size
- Excellent Unit Mix of All 3-Bed/1-Bath Spacious Units
- 1 Unit to be Delivered Vacant
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,050,000 | Apartment Style | Low-Rise |
| Price Per Unit | $262,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 8.02% | Building Size | 3,118 SF |
| Gross Rent Multiplier | 9.52 | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Apartment | Parking Ratio | 2.57/1,000 SF |
| Zoning | LAC2 | ||
| Price | $1,050,000 |
| Price Per Unit | $262,500 |
| Sale Type | Investment |
| Cap Rate | 8.02% |
| Gross Rent Multiplier | 9.52 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,118 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | LAC2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 4 | $2,398 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6053-012-004 | Total Assessment | $323,706 |
| Land Assessment | $81,507 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $242,199 | Tax Year | 2025 |
Property Taxes
Parcel Number
6053-012-004
Land Assessment
$81,507
Improvements Assessment
$242,199
Total Assessment
$323,706
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Built in 1990! Current 8.02% CAP Rate! | 9715 S Broadway
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