7701 S Broadway, Los Angeles, CA 90003
Commercial property · 2 recorded sales since 2021
Sold July 2021
Listing Agent: J.Woody Stahl (DRE #01399621) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Stephen Takahashi · Lyon Stahl Investment Real Estate, Inc. · MLS #SB21034312 · Source: CRMLS
About this commercial property
7701 S Broadway is a mixed-use parcel located in South Los Angeles. The property consists of (4) 1-bed/1-units and (3) 727 SF retail spaces. Currently, the property is performing at a 6.47% CAP rate and a 10.88 GRM. South Broadway sees over 18,000 cars per day and has 63,058 residents in a 1-mile radius. 7701 S Broadway is conveniently located by the 110 Freeway Entrance leading straight to downtown Los Angeles. Given the high traffic location and the potential to obtain historically low financing, this is an excellent opportunity for an owner-user opportunity to live in one building and subsidize monthly payment with rental income from the other units and retail spaces.
Listing description from the July 2021 sale, as reported to CRMLS.
Sale history
