9715 S Broadway, Los Angeles, CA 90003
- $1,025,000
- Sold Price
- $1,025,000
- List Price
- $1,050,000
- Closing Date
- Mar 24, 2026
- Status
- CLOSED
- MLS#
- CV26027285
- Year Built
- 1990
- Lot Size
- 5,202
- Acres
- 0.12
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 8
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property 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.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $110,340
- Operating Expense
- 22767
Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.
Listing sold by Koeun Hwang from Urban Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.