7304 S Broadway, Los Angeles, CA 90003
Commercial property
Sold June 2023
Listing Agent: Reyes Mejia (DRE #01868073) · Listing Office: Realty Group Advisors · Contact: 323-273-1457 · Bought with: Destiny Guerra · Realty Group Advisors · MLS #DW22242417 · Source: CRMLS
How this sale compares
7304 S Broadway sold for $700,000 in June 2023, 22% under its $899,000 list price, after 120 days on the market. It was first listed at $1,800,000.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Realty Group Advisors presents a two story Commercial Mixed-Use building in the center of South Los Angeles. This property is aprrox 6482 sq ft and sits on a 6241 sq ft lot. Its a 4 unit 1bed 1 bath on top currently fully occupied and two vacant commercial units downstairs each commercial unit is approx 1620 sq ft. It holds major rental upside with the current rents and occupancy, just 4.7 miles from the Sofi Stadium, 5 miles from Downtown LA and one block from 110 fwy this property is adequately allocated in the developing neighborhood of Los Angeles. **Seller willing to carry loan with 20%-50% down**
Listing description from the June 2023 sale, as reported to CRMLS.
Sale history