Commercial property · 2 recorded sales since 2025
Listing Agent: George Morales (DRE #01984555) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Griffin White · BRC Advisors- BH · MLS #25542885 · Source: CRMLS
Attention Investors: 11204 S. Broadway is a value-add 23-unit multifamily asset located in the heart of South Los Angeles just minutes from the 110 Freeway and key redevelopment zones. This 17,516 SF building sits on a generous 15,702SF lot with gated access and 14 on-site parking spaces. The current rents are significantly below market, presenting investors with approximately 20%+ upside potential through strategic renovations and leasing. The Seller is leaving 3 Units vacant so that the new ownership can touch them up and rent them for a higher NOI/GOI.
Listing description from the August 2025 sale, as reported to CRMLS.