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9607 S Broadway Los Angeles, CA 90003
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25055720
HOA Y/N No
Year Built 1992
Lot Size 5,214 Sqft
Property Sub-Type Apartment
Property Description
We're excited to present a prime turnkey investment opportunity at 9607 S Broadway, Los Angeles. This well-maintained 5-unit multifamily property, built in 1992, is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), but is governed by AB1482. The
property features five fully remodeled 3-bedroom, 1-bathroom units, each equipped with washer/dryer hookups. One unit is currently vacant and will remain so upon the close of escrow, offering the new owner the immediate opportunity to lease at full market rent. Spanning 4,320 square feet of living space on a 5,213 square foot lot, the property provides convenient street-to-alley access and includes six parking spaces. This is a fantastic
opportunity for investors seeking a turnkey asset with solid rental income
potential in a desirable location.
property features five fully remodeled 3-bedroom, 1-bathroom units, each equipped with washer/dryer hookups. One unit is currently vacant and will remain so upon the close of escrow, offering the new owner the immediate opportunity to lease at full market rent. Spanning 4,320 square feet of living space on a 5,213 square foot lot, the property provides convenient street-to-alley access and includes six parking spaces. This is a fantastic
opportunity for investors seeking a turnkey asset with solid rental income
potential in a desirable location.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6012008036
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc. • 310-447-2213
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