9715 S Broadway, Los Angeles, California 90003
  • $1,050,000

Overview

Property ID: CV26027285
  • Apartment, Residential Income
  • Property Type
  • 3118 Sqft
  • Area Size
  • 1990
  • Year Built

Description

Investor-ready 4-unit income property in Los Angeles — rare no-RSO opportunity with strong upside. Built in 1990 and impeccably configured with an excellent unit mix: four spacious 3-bed/1-bath units, one of which will be delivered vacant — immediate value-add and leasing flexibility. Property is separately metered for electricity and gas, offering simplified expense recovery and operational control. Tenants enjoy plentiful onsite parking. Financials deliver a solid CAP rate of 8.02% and a GRM of 9.52, with significant rental upside potential in this submarket. Ideal for a hands-on investor or 1031 exchange buyer seeking reliable cash flow today and straightforward rent growth tomorrow. Don’t miss this rare Los Angeles multifamily with no city rent control.

  • Address: 9715 S Broadway
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90003
  • Country: US

Details

Updated on March 24, 2026 at 9:13 pm
  • Property ID CV26027285
  • Price $1,050,000
  • Property Size 3118 Sqft
  • Land Area 0.1194 Acres
  • Year Built 1990
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Roof Shingle
  • Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Asphalt
  • Community Features Curbs

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