10012 S Broadway, Los Angeles, CA 90003
Commercial property · 2 recorded sales since 2021
Sold August 2021
Listing Agent: Jorge Lopez (DRE #01919114) · Listing Office: Nationwide Mortgage & Real Estate Advisors · Contact: 562-239-5594 · Bought with: CONSUELO RODRIGUEZ · ARMADA REAL ESTATE TEAM · MLS #DW21100662 · Source: CRMLS
About this commercial property
On the hunt for a quality investment opportunity where you can experience excellent income generation? Conveniently set near downtown Los Angeles and a fantastic Section 8 rental opportunity, this apartment complex offers six units in total, all tastefully remodeled inside and out. Each home showcases two bedrooms, one full bath, and open main living areas, including front-facing units where you’ll have better views of the outdoors. Newly installed dark hardwood-style floors complement the warm color tones throughout, creating a welcoming ambiance for everyone. A series of interior upgrades are on show, including new kitchens, bathrooms, and dual-pane windows. You’ll have lesser worries about repairs and maintenance with the recent replacement of the electrical fixtures and panels, plus tankless water heaters are already installed. Outside, the new asphalt driveway and parking spots are ready for your future tenants' convenience. Plus, its direct street access allows you to come and go seamlessly. All the roofs have also been re-tarred and redone and have newly-installed rain gutters and fascia boards for peace of mind. With its popular LA location near sports and concert venues like the new SoFi Stadium, USC and the Memorial Coliseum, and the Forum, tenants will likely flock to this turn-key complex. Shopping, dining, nightlife, LAX, and more are also within easy reach - a win for you and your tenants. All 6 units are now rented, so grab the opportunity to secure your immediate income as early as now. With its nearly 10% cap rate, you might regret not coming for a tour before this incredible investment property is gone for good! HD Video Tour: http://tinyurl.com/10012broadway
Listing description from the August 2021 sale, as reported to CRMLS.
Sale history
