1818 N Broadway, Los Angeles, CA 90031
Property
Sold July 2024
Listing Agent: David Weinberger (DRE #01349349) · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Hugh Gehrke · Keller Williams Beverly Hills · MLS #24364065 · Source: CRMLS
About this property
1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises residential units alongside a retail space, all set on a generous 7,412-square-foot lot. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Strategically located in vibrant Lincoln Heights, a historic neighborhood known for its diverse community, rich cultural heritage, and architectural landmarks. Situated northeast of Downtown LA, Lincoln Heights offers a blend of residential charm, bustling commercial areas, and easy access to transportation hubs. Residents have convenient access to several nearby employment centers in Los Angeles. These include Downtown LA, which is just a short distance away and offers diverse employment opportunities in finance, technology, hospitality, and more. The nearby Arts District is known for its creative industries, including art galleries, studios, and tech startups.
Listing description from the July 2024 sale, as reported to CRMLS.
Sale history