11204 S Broadway
Los Angeles, CA 90061
- – beds
- – baths
- – sqft
- 15,702 sqft lot
- 1965 build
- – on site
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. ** GRM is 11.5, including the 3 vacancies. Without the vacancies the GRM would be 9.2 **
Last checked:
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Last updated May 24, 2025
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MLS# 25542913 —
The Building
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Year Built:1965
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New Construction:No
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Building Area Total:17516.00
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Total Number Of Units:23
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# of Buildings:2
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Stories Total:2
Interior
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Levels:Two
Financial & Terms
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Disclosures:Property Report
Location
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Directions:W. of Main St. N. of W. 113th St.
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Latitude:33.93261700
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Longitude:-118.27797100
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:15702.0000
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Lot Size Acres:0.3605
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Lot Size SqFt:15702.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6074023052
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Attached Carport
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Parking Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/24/25
May 24, 2025
|
Listed / Active | CRMLS_CA | $3,249,000 |
