$1,332,450 $7,153 est/mo Sourced by Back At You
8925 S Broadway,Los Angeles, CA 90003
Los Angeles, CA 90003
Description
Comprised of (4) 3BD/1BA units, 8925 S. Broadway is a well maintained multifamily asset located in South Los Angeles. Built in 1990, the asset is situated on a 6,043 square foot lot with 8 parking spaces located behind the building. Priced at a 5.2% Cap rate and an 11.38 GRM, new ownership can capture approximately 23% upside to stabilize the asset at a 7.38% Cap rate and 9.25 GRM.
Details
| MLS# | 25508357 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 53 |
| Listing Provided By | Dover Management Corp. 818-843-5200 | Douglas Steinriede |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,204 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.14 |
Market Activity 90003
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $1,332,450 low | high Med: $699,000 SqFt: 3,204 low | high Med: 1,562 $ / SqFt: $416 low | high Med: $551 On site: 53 low | high Med: 70.000000 | |
Listing Updated: March 7, 2025 at 1:52:04 PM PST