$2900000 Price Analysis   ♡   Los Angeles, CA 90037 4 bed 24 bath 15273 SqFt ($189/SqFt) 6420SqFt lot. Built 1922 Listed 2024-04-24, Taxes $11442 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to offer for sale a 24-unit (20 unit + Two Commercial operating 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.
Live, the property s 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 coun t.
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 | $473441 + $343241 $816682 | $11442 |
| 2021 | $464158 + $336511 $800669 | $11218 |
| 2020 | $459399 + $333061 $792460 | $11303 |
| 2019 | $450392 + $326531 $776923 | $10915 |
| 2018 | $441561 + $320129 $761690 | $10763 |
| 2017 | $432903 + $313852 $746755 | $10513 |
| 2016 | $424415 + $307699 $732114 | $10100 |
| 2015 | $418040 + $303078 $721118 | $9970 |
| 2014 | $409852 + $297142 $706994 | $10045 |
| 2013 | $408000 + $295800 $703800 | $10046 |
| 2012 | $400000 + $290000 $690000 | $10181 |
| 2010 | $119003 + $21619 $140622 | $2992 |
| 2009 | $118395 + $21509 $139904 | $2884 |
| 2009 | $118114 + $21458 $139572 | $2884 |
| 2008 | $116074 + $21088 $137162 | $2810 |
| 2007 | $113799 + $20675 $134474 | $2651 |
$2900000
TheMLSCLAW
Listing removed 2011-10-31
$1400000
TheMLSCLAW
Sold 2011-10-31
$910000
ITECH
Listed 2011-05-26
$1400000
ITECH
Listed 2011-05-26
$1400000
TheMLSCLAW
Sold 1977-11-30
$86000
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.