Comprised of (4) 3BD/1BA units, 8925 S. Broadway is a well maintained multifamily asset located in South Los Angeles. Built in 1990, the asset is situated on a 6,043 square foot lot with 8 parking spaces located behind the building. Priced at a 5.2% Cap rate and an 11.38 GRM,… Read More new ownership can capture approximately 23% upside to stabilize the asset at a 7.38% Cap rate and 9.25 GRM. Read Less
Property listed by Dover Management Corp., Douglas Steinriede 818-843-5200
Listing Snapshot
Days Online
71
Last Updated
Property Type
Other
Beds
12
Square Ft.
3,204
Lot Size
0.14 Acres
Year Built
1990
MLS Number
25508357
Additional Details
Building
Built in 1990, Building area total: 3,204, Levels: Two, Living area: 3204, 2 stories, 1 building
Cooling
None
Heating
NaturalGas
Income
Gross income: $117,070, Net operating income: $69,324
Lot
0.1388 acres, 6,045 square feet, Size: 6,045
Parking
8 totals parking, Uncovered
Property
Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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