Address
8925 S Broadway Los Angeles, CA
Price
$ 1,230,888
Property Attributes
  • MLS#SB20025294
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90003
  • Style
  • Price$ 1,230,888
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3204
  • Lot Size6,042 SqFt
Listing Provided Courtesy Of:
Cameron Samimi with Lyon Stahl Investment Real Estate, Inc..
Property Description

1990 construction, absolute Cash Cow property in Los Angeles. This (4) Unit asset has a very strong mix with all units being 3-bedroom/1-bath. On current rents, the property is operating at a 6.27% Cap Rate and 11.27 GRM. Three units have been renovated by current owner, and one of the units will be delivered vacant at the close of escrow. There is tons of parking in the rear of the property with (8) spaces available. Fantastic opportunity to own a 90's construction building with the potential for well over 8% cash on cash return.

Price History
2/4/2020 Listed $1,288,888
6/15/2020 3% - $1,258,888
9/4/2020 1% - $1,250,888
9/15/2020 2% - $1,230,888

General Features

Attached Structure Detached
Co-Listing Agent Last Name Parker
Co-Listing Agent Last Name Boehle
Co-Listing Agent State License # 02054215
Co-listing Agent Parker Boehle - BRE#02054215
Community Features Curbs, Rural, Sidewalks, Suburban
Directions Off of Broadway and 90th St.
Garage Spaces 0.00
Listagentaor South Bay
Listing Agent Cameron Samimi - BRE#02035763
Listing Agent State License 02035763
MLS Area C37 - Metropolitan South
Pool Features None
Price Per Square Foot 384.17
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning LAC2

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3204.00
Lot Features 0-1 Unit/Acre
Lot Size Acres 0.1387
Lot Size Area 6043.0000
Lot Size Source Assessor
Lot Size Square Feet 6043.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Number of Separate Water Meters 1
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90003

Price
AVG $800K
$1.23M
Visits
AVG 35
137
Year Built
AVG 1950
1990
Walkscore
AVG 69
68
Data Provided by Walkscore ® not using MLS data

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