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4920 Broadway, Los Angeles, CA 90037
Priced at Only: $6,200,000
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Address: 4920 Broadway, Los Angeles, CA 90037
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  • MLS#: 26653113 ( )
  • Street Address: 4920 Broadway
  • Viewed: 2
  • Price: $6,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2008
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • Geolocation: 32.9097 / -97.1162
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: Marcus & Millichap
  • Contact: Sean Sean
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 25313.00
Country
  1. US
Levels
  1. Three Or More
Netoperatingincome
  1. 434252.00
Parcel Number
  1. 5110020019
Parking Features
  1. Garage
Sourcesystemkey
  1. 26653113:CLAW
Totalexpenses
  1. 245191.00
Year Built
  1. 2008
Year Built Source
  1. Builder
Zoning
  1. LAC2
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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