ResidentialIncome — 9715 S Broadway, Los Angeles, CA
$1,050,000
9715 S Broadway, Los Angeles, CA
About this property
Investor-ready 4-unit income property in Los Angeles — rare no-RSO opportunity with strong upside. Built in 1990 and impeccably configured with an excellent unit mix: four spacious 3-bed/1-bath units, one of which will be delivered vacant — immediate value-add and leasing flexibility. Property is separately metered for electricity and gas, offering simplified expense recovery and operational control. Tenants enjoy plentiful onsite parking. Financials deliver a solid CAP rate of 8.02% and a GRM of 9.52, with significant rental upside potential in this submarket. Ideal for a hands-on investor or 1031 exchange buyer seeking reliable cash flow today and straightforward rent growth tomorrow. Don’t miss this rare Los Angeles multifamily with no city rent control.
Property details
Location
9715 S Broadway • Los Angeles, CA 90003
Listed by
Kristopher German · RE/MAX 2000 REALTY