$2,900,000 Price Analysis   ♡   Los Angeles, CA 90037 4 bed 24 bath 15,273 SqFt ($189/SqFt) 6,420SqFt lot. Built 1922 Listed 2024-04-24, Taxes $11,442 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to offer for sale a 24-unit (20 unit + Two Commercial operat ing as residential + Two Storefronts)
Mixed-use community located at 4060 - 4064 South Broadway Place. Built in 1922, the property is a three-story building consisting of 18 studios, four one-bedroom/one-bathroom units and two commercial storefront units. Positioned one and a half miles from the University of Southern California, three miles from the Staples Center and L.A.
Liv, the property is located on Broadway Place south of Jefferson Boulevard and east of the 110 freeway. The offering represents a unique buying opportunity to acquire a mid-sized property with attractive in-place metrics in an in-fill location near Downtown Los Angeles, with additional upside potential. Buyer to verify unit, bedroom and bathroom count.
Presented by Sean Rosenzweig at
Marcus & Millichap.
Property MLS #24-378541 from TheMLSCLAW
Full Bathrooms: 24
Lot Size Source: Assessor
Lot Size Square Feet: 6420
Calculated Total Monthly Association Fees: 0
Number of Units: 24
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 26400, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 7800, 3 BathsTotal: 1, 3 SquareFeet: 6400
County: Los Angeles
Cap Rate: 6.02
Directions: East of Figueroa Street & South of Martin Luther King Boulevard
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5111-022-025
Zoning: LAM1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $473,441 + $343,241 $816,682 | $11,442 |
| 2021 | $464,158 + $336,511 $800,669 | $11,218 |
| 2020 | $459,399 + $333,061 $792,460 | $11,303 |
| 2019 | $450,392 + $326,531 $776,923 | $10,915 |
| 2018 | $441,561 + $320,129 $761,690 | $10,763 |
| 2017 | $432,903 + $313,852 $746,755 | $10,513 |
| 2016 | $424,415 + $307,699 $732,114 | $10,100 |
| 2015 | $418,040 + $303,078 $721,118 | $9,970 |
| 2014 | $409,852 + $297,142 $706,994 | $10,045 |
| 2013 | $408,000 + $295,800 $703,800 | $10,046 |
| 2012 | $400,000 + $290,000 $690,000 | $10,181 |
| 2010 | $119,003 + $21,619 $140,622 | $2,992 |
| 2009 | $118,395 + $21,509 $139,904 | $2,884 |
| 2009 | $118,114 + $21,458 $139,572 | $2,884 |
| 2008 | $116,074 + $21,088 $137,162 | $2,810 |
| 2007 | $113,799 + $20,675 $134,474 | $2,651 |
$2,900,000
TheMLSCLAW
Listing removed 2011-10-31
$1,400,000
TheMLSCLAW
Sold 2011-10-31
$910,000
ITECH
Listed 2011-05-26
$1,400,000
ITECH
Listed 2011-05-26
$1,400,000
TheMLSCLAW
Sold 1977-11-30
$86,000
Public Record
Year Built: 1922
Levels: Multi Levels, Three Or More Levels
Living Area Source: Assessor
Property Age: 102
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Assessor
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.