Investor Opportunity-Value-Add 23-Unit Multifamily Investment in South LA. Unlock Major Upside in a Rapidly Improving SubmarketNow available: located in the heart of South Los Angeles just minutes from the 110 Freeway and key redevelopment zones. This 17,516 SF building offers an attractive unit mix and sits on a generous lot with gated access and on-site parking. The current rents are significantly below market, presenting investors with approximately 30% upside potential through strategic renovations and leasing. Seller is leaving 3 Units vacant so that the new ownership can touch them up and rent for a higher NOI/GOI.
Property Details
Price:
$3,249,000
MLS #:
25542913
Status:
Active Under Contract
Baths:
0
Type:
Residential Income
Neighborhood:
c37metropolitansouth
Listed Date:
May 23, 2025
Lot Size:
15,702 sqft / 0.36 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Assigned, Attached Carport
Parking Spots
14.00
Financial
Map
Community
- Address11204 S Broadway Los Angeles CA
- NeighborhoodC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90061
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Residential Income in Los Angeles as of Oct 24, 2025
1,649
Residential Income Listed
213
Avg DOM
$1,944,059
Avg List Price
Property Summary
- 11204 S Broadway Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90061. It is listed for $3,249,000
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