7701 S Broadway, Los Angeles CA 90003

  • $1,100,000
7701 S Broadway, Los Angeles, CA 90003, USA

7701 S Broadway, Los Angeles CA 90003

7701 S Broadway, Los Angeles, CA 90003, USA
  • $1,100,000

Description

7701 S Broadway is a mixed-use parcel located in South Los Angeles. The property consists of (4) 1-bed/1-units and (3) 727 SF retail spaces. Currently, the property is performing at a 6.47% CAP rate and a 10.88 GRM. South Broadway sees over 18, 000 cars per day and has 63, 058 residents in a 1-mile radius. 7701 S Broadway is conveniently located by the 110 Freeway Entrance leading straight to downtown Los Angeles. Given the high traffic location and the potential to obtain historically low financing, this is an excellent opportunity for an owner-user opportunity to live in one unit and subsidize monthly payment with rental income from the other units and retail spaces.

  • City Los Angeles
  • State/county California

Details

Updated on February 24, 2021 at 5:24 am
  • Property ID: LS31354
  • Price: $1,100,000
  • Property Size: 4582
  • Land Area: 6666
  • Year Built: 1925
  • Property Type: Multifamily
  • Property Status: Active

Overview

Property ID: LS31354
  • Multifamily
  • Property Type
  • 4582
  • 1925
  • Year Built

Contact Information

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