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8925 South Broadway

Los Angeles CA 90003

12
4
8
3204 sq. ft.
6045 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

12 bedrooms
4 bathrooms
8 carspaces
3204 sq. ft. floor area
6045 sq. ft. lot size
Multi-Family

Property history for 8925 South Broadway

2022
Sold
$1,269,000
14 Feb 2022

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94%
94% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

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Local market activity for 12 bedroom multi families in Los Angeles

In the last 12 months, 1 numeral.12-bedroom multi family similar to 8925 South Broadway, have been sold.

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