Los Angeles, CA 90003 10012 S Broadway

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  • MLS# DW21100662
  • 05/11/2021
  • Request Tour
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Presented By: Jorge Lopez with Nationwide Mortgage & Real Estate Advisors.
  • Beds • 10
  • Baths • 6
  • Year Built • 1923

Home Details

On the hunt for a quality investment opportunity where you can experience excellent income generation? Conveniently set near downtown Los Angeles and a fantastic Section 8 rental opportunity, this apartment complex offers eight units in total, all tastefully remodeled inside and out. Each home showcases two bedrooms, one full bath, and open main living areas, including front-facing units where you’ll have better views of the outdoors. Newly installed dark hardwood-style floors complement the warm color tones throughout, creating a welcoming ambiance for everyone. A series of interior upgrades are on show, including new kitchens, bathrooms, and dual-pane windows. You’ll have lesser worries about repairs and maintenance with the recent replacement of the electrical fixtures and panels, plus tankless water heaters are already installed. Outside, the new asphalt driveway and parking spots are ready for your future tenants' convenience. Plus, its direct street access allows you to come and go seamlessly. All the roofs have also been re-tarred and redone and have newly-installed rain gutters and fascia boards for peace of mind. With its popular LA location near sports and concert venues like the new SoFi Stadium, USC and the Memorial Coliseum, and the Forum, tenants will likely flock to this turn-key complex. Shopping, dining, nightlife, LAX, and more are also within easy reach - a win for you and your tenants. All 6 units are now rented, so grab the opportunity to secure your immediate income as early as now. With its nearly 10% cap rate, you might regret not coming for a tour before this incredible investment property is gone for good! HD Video Tour: http://tinyurl.com/10012broadway
Presented By: Jorge Lopez with Nationwide Mortgage & Real Estate Advisors.

Interior Features for 10012 S Broadway

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Laundry FeaturesNone

General for 10012 S Broadway

Additional Parcels Y/NNo
CoolingNone
HeatingWall Furnace
Land Lease Y/NNo
Listing AgentJorge Lopez - BRE#01919114
Listing Agent State License01919114
MLS Area699 - Not Defined
Property Sub Type AdditionalMixed Use
Property SubTypeMixed Use
Property TypeCommercial Sale
RoofComposition, Flat
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Special Listing ConditionsStandard
TermsCash, Cash to New Loan, Conventional
Total Units6
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense600
ZoningMixed Use

Exterior for 10012 S Broadway

FencingChain Link
Lot Features0-1 Unit/Acre, Level, Street Level
Lot Size Acres0.14
Lot Size Area6299
Lot Size SourceAssessor
Lot Size Square Feet6299
Lot Size UnitsSquare Feet
Number of Buildings2
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $1,099,000
MLS#DW21100662
List Date 05/11/2021
Property Type Commercial
Phone 310.658.1749
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Request Info
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