10012 S Broadway
Los Angeles, CA 90003

  • – beds
  • – baths
  • – sqft
  • 6,299 sqft lot
  • 1923 build
  • on site

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On the hunt for a quality investment opportunity where you can experience excellent income generation? Conveniently set near downtown Los Angeles and a fantastic Section 8 rental opportunity, this apartment complex offers six units in total, all tastefully remodeled inside and out. Each home showcases two bedrooms, one full bath, and open main living areas, including front-facing units where you’ll have better views of the outdoors. Newly installed dark hardwood-style floors complement the warm color tones throughout, creating a welcoming ambiance for everyone. A series of interior upgrades are on show, including new kitchens, bathrooms, and dual-pane windows. You’ll have lesser worries about repairs and maintenance with the recent replacement of the electrical fixtures and panels, plus tankless water heaters are already installed. Outside, the new asphalt driveway and parking spots are ready for your future tenants' convenience. Plus, its direct street access allows you to come and go seamlessly. All the roofs have also been re-tarred and redone and have newly installed rain gutters and fascia boards for peace of mind. With its popular LA location near sports and concert venues like the new SoFi Stadium, USC and the Memorial Coliseum, and the Forum, tenants will likely flock to this turn-key complex. Shopping, dining, nightlife, LAX, and more are also within easy reach - a win for you and your tenants. All 6 units are now rented, so grab the opportunity to secure your immediate income as early as now. With its nearly 10% cap rate, you might regret not coming for a tour before this incredible investment property is gone for good! HD Video Tour: http://tinyurl.com/10012broadway

California Regional MLS logo Listed By CRMLS_CA / Jorge Lopez / Nationwide Mortgage & Real Estate Advisors

Last checked: Checking… • Last updated Apr 22, 2024 •

MLS# DW21100818 —

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Sale history

Date Event Source Price % Change
8/4/21
Sold CRMLS_CA $110,000 -90.0%
7/17/21
Pending CRMLS_CA $1,099,000
5/12/21
Listed / Active CRMLS_CA $1,099,000

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Multifamily Sold on 8/4/2021

$110,000

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Listing provided by broker:

Jorge Lopez

Nationwide Mortgage & Real Estate Advisors

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Nationwide Mortgage & Real Estate Advisors. Based on information from California Regional Multiple Listing Service, Inc. as of 23:55 on May 12.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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