4920 S Broadway, Los Angeles, CA 90037
- $6,200,000
- 73
- BD
- 42
- BA
- 25,313
- SqFt
- List Price
- $6,200,000
- Status
- PENDING
- MLS#
- 26653113
- Year Built
- 2008
- Bedrooms
- 73
- Bathrooms
- 42
- Living Sq. Ft
- 25,313
- Lot Size
- 17,756
- Acres
- 0.41
- Days on Market
- 79
- Property Type
- Multifamily
- Stories
- Three Or More Levels
Property Description
We are pleased to offer for sale a 23-unit apartment community located at 4920 South Broadway. The subject property is situated just east of the 110 freeway and north of Slauson Avenue.The property is located within a high-density pocket of South Los Angeles offering residents convenient access to employment hubs, retail, and entertainment. Positioned on a 17,756-square-foot parcel, the property consists of four two-bedroom units, eleven three-bedroom units, and eight four-bedroom units. The asset is offered at a 7.00% cap rate and an 8.68 GRM. Constructed in 2008, the property represents a newer apartment asset relative to the surrounding housing stock and features ample garage parking with 46 spaces.4920 South Broadway presents an opportunity to acquire a modern apartment asset with a strong in-place yield in the infill South Los Angeles market.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.This property is marketed alongside 6332 Brynhurst Avenue and may be purchased together or separately.
Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 23
Listing courtesy of Listing Agent: Sean Rosenzweig (thesrgroup@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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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.