4069-83 S. Broadway Los Angeles, CA. 90037

Jan 15

$4,320,000 Sales Price

36
Units

18,366
Sq Ft

The Rockwell Group of Fred Leeds Asset Group, as the exclusive listing agent is pleased to present the opportunity to acquire 4069-83 S Broadway, a 36-unit multifamily investment opportunity located in the supply constrained 90037 zip code of Los Angeles.

The property features 18,366 square feet of rentable area and is situated on three lots, totaling 20,100-square feet. The 36 - units are composed of three 12 unit buildings, with a mix of one-bedroom/one-bathroom and studio units. The building is well-maintained and offers on-site, gated parking for tenants. The property is situated in one of the most densely populated locations in Los Angeles, sitting just South of Martin Luther King and East of Grand. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property, while being a short commute to major employment centers such as Downtown Los Angeles.

4069-83 S Broadway offers tenants excellent proximity to some of Los Angeles’ finest amenities such as USC, the Natural History Museum, the Coliseum, and others. Nearby grocers include Ralph's, Trader Joe’s, and Smart & Final. Local dining options include Chick-fil-A, Subway, Roscoe's Chicken and Waffles, Tam’s Burgers and more.

Due to the property’s promising location and rental upside, 4069-83 S Broadway offers a unique opportunity to any investor looking to acquire a well-maintained asset in one of the most promising communities in Los Angeles.