Attention Investors: 11204 S. Broadway is a value-add 23-unit multifamily asset located in the heart of South Los Angeles just minutes from the 110 Freeway and key redevelopment zones. This 17,516 SF building sits on a generous 15,702SF lot with gated access and 14 on-site parking spaces. The current rents are significantly below market, presenting investors with approximately 20%+ upside potential through strategic renovations and leasing. The Seller is leaving 3 Units vacant so that the new ownership can touch them up and rent them for a higher NOI/GOI.
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Listing Snapshot
Bedrooms
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
17,516 sqft
Lot Size
0.3605 Acres
Year Built
1965
MLS® Number
25542885
Status
Sold
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.3605
Additional Property Use
Multi-Family
Disclosures
SellerDisclosure
Number Of Stories
2
Parking Spaces
14
Property Sub Type
Mixed Use
Special Circumstances
Standard
SqFt Total
17516
Zoning
LAR3
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Community Features
MLS Area
C37 - Metropolitan South
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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