Thank you
Chandler Rockwell
Fred Leeds Asset Group Inc.
310-826-2466
4069-83 S Broadway, a 36-unit, three property, multifamily investment opportunity located in the supply constrained 90037 zip code of Los Angeles. The property features 18,366 square feet of rentable area and is situated on three lots, totaling 20,100-square feet. The 36 - units are composed of three 12 unit buildings, with a mix of one-bedroom/one-bathroom and studio units. The building is well-maintained and offers on-site, gated parking for tenants. The property is situated in one of the most densely populated locations in Los Angeles, sitting just South of Martin Luther King and East of Grand. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property, while being a short commute to major employment centers such as Downtown Los Angeles. 4069-83 S Broadway offers tenants excellent proximity to some of Los Angeles' finest amenities such as USC, the Natural History Museum, the Coliseum, and others. Nearby grocers include Ralph's, Trader Joe's, and Smart & Final. Local dining options include Chick-fil-A, Subway, Roscoe's Chicken and Waffles, Tam's Burgers and more.
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Total Bedrooms : 36
Total Baths: 36
Full Baths: 0
Half Baths: 0
Property Appliances: Refrigerator
None
Air Conditioning
None
Has Heating
Year Built: 1922
Building Area Total: 18,366
Gated Community
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1699
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7402
Original List Price: 4,320,000
Listing Contract Date: 2023-12-01
Listing Agreement: Seller Reserved
Parcel Number: 5111004012
Garage Description: Gated
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C42 - Downtown L.A.
Postal Code Plus 4: 1099
Directions: 4069-83 S. Broadway Los Angeles, CA 90037
Zoning: LAM1
Source Property Type: Residential Income
Area: C42 - Downtown L.A.
Property Age: 102
Year Built Source: Vendor Enhanced
Total Square Feet Living: 18366
Levels or Stories: Multi/Split
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
4815 S Normandie Avenue, Los Angeles, CA,90037 | $750,000 | 5 | -- | 2,208 | 5403 Sqft |
110 W 48th Street, Los Angeles, CA,90037 | $479,800 | 2 | 2 | 1,134 | 2400 Sqft |
4225 Van Buren Place, Los Angeles, CA,90037 | $849,900 | 4 | 2 | 1,645 | 5992 Sqft |
5116 S Budlong Avenue, Los Angeles, CA,90037 | $1,100,000 | 5 | 4 | 3,632 | 5520 Sqft |
232 W 49th Street, Los Angeles, CA,90037 | $699,999 | 4 | 2 | 1,744 | 5447 Sqft |
4125 S Figueroa Street .., Los Angeles, CA,90037 | $329,000 | 1 | 1 | 542 | 39267 Sqft |
3913 S Budlong Avenue, Los Angeles, CA,90037 | $1,699,000 | 6 | -- | 3,690 | 10432 Sqft |
602 W 40th Place #3, Los Angeles, CA,90037 | $1,799,999 | 10 | 5 | 3,692 | 6750 Sqft |
1115 W 41st Street, Los Angeles, CA,90037 | $929,900 | 3 | 2 | 2,182 | 6352 Sqft |
4529 S Vermont Avenue, Los Angeles, CA,90037 | $2,050,000 | 4 | -- | 6,750 | 8014 Sqft |
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ByOwner last updated this listing 05/18/2024 @ 04:27
MLS: 24350877
LISTED BY: Chandler Rockwell, Fred Leeds Asset Group Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.