Property Detail

9715 Broadway

Los Angeles CA 90003

$1,050,000

Status: Active

Property Details

Description

Investor-ready 4-unit income property in Los Angeles — rare no-RSO opportunity with strong upside. Built in 1990 and impeccably configured with an excellent unit mix: four spacious 3-bed/1-bath units, one of which will be delivered vacant — immediate value-add and leasing flexibility. Property is separately metered for electricity and gas, offering simplified expense recovery and operational control. Tenants enjoy plentiful onsite parking. Financials deliver a solid CAP rate of 8.02% and a GRM of 9.52, with significant rental upside potential in this submarket. Ideal for a hands-on investor or 1031 exchange buyer seeking reliable cash flow today and straightforward rent growth tomorrow. Don’t miss this rare Los Angeles multifamily with no city rent control.

Map Location

Listing provided courtesy of Kristopher German of RE/MAX 2000 REALTY. Last updated 2026-02-09 09:11:27.000000. Listing information © 2025 CRMLS.

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