4920 S Broadway, Los Angeles, CA 90037

$6,200,000 Approx. USD 73 beds, 42 baths
25,313 sqft

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Brochure

Photo of Rachelle Levin

Marketed By Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
Phone: 949-499-5900
Fax: 949-499-1414

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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Pending

MLS# 26653113

Price: $6,200,000

Beds: 73

Baths: 42

Built in 2008

25,313 sqft

0.41 acres

Lot size: 0.4076

County: Los Angeles