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10714 S Broadway 10712 S Broadway 4 Unit Apartment Building $1,205,514 CAD ($301,378 CAD/Unit) 5.10% Cap Rate Los Angeles, CA 90061
INVESTMENT HIGHLIGHTS
- The property sits on a spacious lot just over 6,000 Square Feet and comprises of (4) 1 Bed/1 Bath Units
- Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs
- It offers a going-in cap rate of 5.10% and approximately 45% in rental upside
EXECUTIVE SUMMARY
10714 S Broadway is a charming 4-unit apartment building located in South Los Angeles. The renovated asset is currently operating at 5%+ CAP providing investors
with solid in-place cash flow. The asset sits on a 6,160 SF C2-zoned lot, offering future development potential while generating steady income. The property also has 4 Car parking lot in the back, that can be a potential ADU Possibility (Buyer to verify). Property has updated electrical panels, updated copper plumbing, updated interior & exteriors. Positioned along a high-visibility corridor with excellent access to freeways, public transportation, and local amenities, the property appeals to a broad tenant base.
with solid in-place cash flow. The asset sits on a 6,160 SF C2-zoned lot, offering future development potential while generating steady income. The property also has 4 Car parking lot in the back, that can be a potential ADU Possibility (Buyer to verify). Property has updated electrical panels, updated copper plumbing, updated interior & exteriors. Positioned along a high-visibility corridor with excellent access to freeways, public transportation, and local amenities, the property appeals to a broad tenant base.
PROPERTY FACTS
| Price | $1,205,514 CAD | Property Subtype | Apartment |
| Price Per Unit | $301,378 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.10% | Building Size | 1,870 SF |
| Gross Rent Multiplier | 13.26 | No. Stories | 1 |
| No. Units | 4 | Year Built | 1924 |
| Property Type | Multifamily | ||
| Zoning | LAC2 - Commerical | ||
| Price | $1,205,514 CAD |
| Price Per Unit | $301,378 CAD |
| Sale Type | Investment |
| Cap Rate | 5.10% |
| Gross Rent Multiplier | 13.26 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,870 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | LAC2 - Commerical |
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Public Transportation
1 1
PROPERTY TAXES
| Parcel Number | 6074-011-034 | Improvements Assessment | $146,205 CAD |
| Land Assessment | $438,617 CAD | Total Assessment | $584,822 CAD |
PROPERTY TAXES
Parcel Number
6074-011-034
Land Assessment
$438,617 CAD
Improvements Assessment
$146,205 CAD
Total Assessment
$584,822 CAD
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10714 S Broadway | 10712 S Broadway
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