Comprised of (4) 3BD/1BA units, 8925 S. Broadway is a well maintained multifamily asset located in South Los Angeles. Built in 1990, the asset is situated on a 6,043 square foot lot with 8 parking spaces located behind the building. Priced at a 5.2% Cap rate and an 11.38 GRM, new ownership can capture approximately 23% upside to stabilize the asset at a 7.38% Cap rate and 9.25 GRM.
Property Details
Price:
$1,332,450
MLS #:
25508357
Status:
Active
Baths:
0
Address:
8925 S Broadway
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Feb 14, 2025
State:
CA
ZIP:
90003
Lot Size:
6,045 sqft / 0.14 acres (approx)
Year Built:
1990
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Schools
Interior
Cooling
None
Heating
Natural Gas
Exterior
Parking Features
Uncovered
Parking Spots
8.00
Financial
Map
Community
- Address8925 S Broadway Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
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8925 S Broadway
Los Angeles, CA
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